Forecasts may be influenced by a product's position in its life cycle.

Name: Forecasts may be influenced by a product's position in its life cycle.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Forecasts may be influenced by a product's position in its life cycle. For example, a new product may have uncertain demand and may require a more conservative forecast, while a mature product may have a more stable demand and may allow for a more accurate forecast.

Forecasts May Be Influenced by a Product's Position in Its