The constant-ratio forecasting method is a variant of the percent-of-sales forecasting method.

Name: The constant-ratio forecasting method is a variant of the percent-of-sales forecasting method.
Brand: Quizplus
Rating: 4.7 (43 reviews)

Question

Quizplus · Accepted Answer

The constant-ratio forecasting method involves forecasting future sales based on the assumption that a certain ratio of expenses to sales will remain constant in the future. This is a variation of the percent-of-sales forecasting method.

The Constant-Ratio Forecasting Method Is a Variant of the Percent-Of-Sales