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-All of the Following Are Important Concepts in Forecasting EXCEPT

Question 8

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 Month  Sales  Absolute Error, Forecast 1  Absolute Error, Forecast 2  Jan 3552 Feb 2913 Mar 3944 Apr 4223 May 5131 Jun 5614\begin{array}{|l|l|l|l|}\hline\text { Month } & \text { Sales } & \text { Absolute Error, Forecast 1 } & \text { Absolute Error, Forecast 2 } \\\hline \text { Jan } & 35 & 5 & 2 \\\hline \text { Feb } & 29 & 1 & 3 \\\hline \text { Mar } & 39 & 4 & 4 \\\hline \text { Apr } & 42 & 2 & 3 \\\hline \text { May } & 51 & 3 & 1 \\\hline \text { Jun } & 56 & 1 & 4 \\\hline\end{array}
-All of the following are important concepts in forecasting EXCEPT:


A) determining the planning horizon length.
B) determining the time bucket size (i.e., year, quarter, month, week, day, etc.) .
C) determining a relationship between a single dependent variable and one or more independent variables.
D) identifying cyclical patterns.

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