The Ohio River Boatworks uses last year's sales as a starting point to estimate next year's sales of its boats,lists factors that could affect the forecast,assesses whether they have a positive or negative impact,and makes the final forecast.The Ohio River Boatworks uses a _____ forecast.

Question

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The Ohio River Boatworks uses a lost-horse forecast, which involves starting with last year's sales, considering factors that could affect the forecast, and then making adjustments based on whether these factors have a positive or negative impact.

The Ohio River Boatworks Uses Last Year's Sales as a Starting