Which of the following statements is best?
A) dependent demand items should be forecast
B) a forecast for sales next week will not be as accurate as for a year from now
C) forecasts for families of products should be built up from individual product forecasts
D) all of the above are true
E) none of the above is true

Question

Quizplus · Accepted Answer

Forecasts are generally more accurate for nearer time periods, dependent demand items are usually calculated rather than forecasted, and forecasts for families of products are often more accurate when aggregated from the total rather than built up from individual forecasts.

Which of the Following Statements Is Best