In a recent meeting, the sales manager for a drug company stated that she needed to have a forecast prepared for each week for the next six weeks. The week in this case is the:
A) forecasting horizon.
B) forecasting period.
C) planning time.
D) forecasting interval.

Question

Quizplus · Accepted Answer

The forecasting period refers to the length of time into the future for which forecasts are prepared, which in this case is each week.

In a Recent Meeting, the Sales Manager for a Drug