Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce limited quantities of her own clothing designs. After a few months of operation, she decides to apply some of the forecasting techniques she mastered in school. Which of these statements about her forecasts is correct?
A) Her forecasts will probably be 100% accurate.
B) Her demand forecasts for a year from now will probably be more accurate than her demand forecasts for three months from now.
C) Her demand forecasts for each style of skirt will be more accurate than her demand forecasts for all skirts.
D) The best way for her to determine the amount of fabric she needs is to forecast it based on her customer orders for each type of skirt.
Correct Answer:
Verified
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