As forecasts are usually only accurate for the short term,forecasts are not useful in long-term capacity decisions.

Question

Quizplus · Accepted Answer

Long-term forecasts, despite being less accurate than short-term forecasts, are still useful for strategic planning, resource allocation, and guiding long-term capacity decisions. They provide a directional insight that is essential for making informed decisions about future investments and expansions.

As Forecasts Are Usually Only Accurate for the Short Term,forecasts