Once we have a forecasting model,the specific units of measurement used in the model are
A)expressed in job descriptions for human resource planners.
B)expressed in units of production for long range plans.
C)the same for every area of the business.
D)expressed in units of production to determine future requirements for plant and equipment.
E)All of the above are correct.

Question

Quizplus · Accepted Answer

The specific units of measurement used in a forecasting model are typically expressed in units of production to determine future requirements for plant and equipment. This allows for more accurate predictions of the resources needed to meet demand. Options A, B, and C are not necessarily correct or applicable in all cases.

Once We Have a Forecasting Model,the Specific Units of Measurement