Question: A forecast based on average past demand is a quantitative forecast. moving average forecast. linear regression forecast. static average forecast.

A forecast based on average past demand is a
quantitative forecast.
moving average forecast.
linear regression forecast.
static average forecast.
 A forecast based on average past demand is a quantitative forecast.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!