Known orders are increasingly critical in predicting total demand in the long term.

Name: Known orders are increasingly critical in predicting total demand in the long term.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Known orders provide valuable information for short-term demand forecasting but are less predictive for long-term demand due to the influence of broader market trends, changes in consumer behavior, and other variables that can't be accurately predicted by current orders alone.

Known Orders Are Increasingly Critical in Predicting Total Demand in the Long