The Ohio River Boatworks uses last year's sales as a starting point to estimate next year's sales of its boats, lists factors that could affect the forecast, assesses whether they have a positive or negative impact, and makes the final forecast. The Ohio River Boatworks uses a __________forecast.
A)buildup
B)top-down
C)salesforce survey
D)lost-horse

Question

Quizplus · Accepted Answer

The lost-horse forecast method involves starting with last year's sales, considering factors that could affect future sales, and adjusting the forecast accordingly, which matches the process described.

The Ohio River Boatworks Uses Last Year's Sales as a Starting