Forecasts are usually classified by time horizon into which three categories?
A) short-range, medium-range, and long-range
B) finance/accounting, marketing, and operations
C) strategic, tactical, and operational
D) exponential smoothing, regression, and time series
E) departmental, organizational, and industrial

Question

Quizplus · Accepted Answer

Forecasts are typically classified into short-range (up to 1 year), medium-range (1-3 years), and long-range (3 or more years) based on their time horizon.

Forecasts Are Usually Classified by Time Horizon into Which Three