A(n)________ is a forecast statistic that is restricted to fall within a specified lower and upper bound.
A)objective
B)requirement
C)decision variable
D)permutation

Question

Quizplus · Accepted Answer

A requirement is a specific limit or boundary that a forecast statistic must fall within. An example of this could be a sales forecast that is required to fall between $1 million and $2 million for a specific quarter.

A(n)________ Is a Forecast Statistic That Is Restricted to Fall