Since a primary goal of operations management to match supply to demand,forecasts become a basic input to the decision process because they provide information on past demand.
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Q1: Forecasts based on time-series (historical)data are referred
Q4: The purpose of the forecast should be
Q6: The primary difference between irregular and random
Q9: Organizations that are capable of responding quickly
Q10: As a forecasting technique,the Delphi technique is
Q11: One weakness of the Delphi method is
Q12: The naive forecast is limited in its
Q13: The naive forecast can serve as a
Q15: The Delphi approach involves the use of
Q19: Forecasting techniques generally assume that the same
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