Which of the following is NOT an input to a forecast process?
A)historical demand data
B)information from marketing department
C)expected revenue
D)recent demand information

Question

Quizplus · Accepted Answer

Expected revenue is not an input to a forecast process. Inputs to a forecast process typically include historical demand data, information from the marketing department, recent demand information, and other relevant data points, such as economic indicators or competitor actions. The goal of a forecast process is to generate accurate, data-driven predictions of future demand or market behavior, which can then be used to inform business decisions and optimize operations.

Which of the Following Is NOT an Input to a Forecast