Which of these statements is the MOST true about forecasting? a. Forecast errors arise from incomponent workers

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Which of these statements is the MOST true about forecasting?

a. Forecast errors arise from incomponent workers not understanding demand

b. Forecasts can be difficult to undertake due to the complexity of forecasting

c. Forecasts are generally quite accurate and can be relied on for production scheduling

d. Forecasts are almost always going to wrong, and this needs to be factored into decision-making

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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

ISBN: 978-0078024061

5th edition

Authors: Frederick S. Hillier, Mark S. Hillier

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Posted Date: Oct 03, 2023 03:23 AM

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Which of these statements is the MOST true about forecasting? a. Forecast errors arise from incomponent workers

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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

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