Identify briefly and describe the two general forecasting approaches.
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Q67: Which of the following utilizes short-term forecasting
Q68: Forecasts can go wrong because of
A) random
Q69: Black swans are
A) found only in Australia
B)
Q70: Recent trends in forecasting include
A) data mining
B)
Q71: What is the qualitative forecasting model and
Q73: Identify the three forecasting time horizons. State
Q74: Briefly describe the steps that are used
Q75: A skeptical manager asks what medium-range forecasts
Q76: Explain why such forecasting devices as moving
Q77: What is the basic difference between a
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