Question: A forecast with a large, positive CFE indicates A. That the forecast will cause very little disruption to planning efforts B. The forecast is consistently
A forecast with a large, positive CFE indicates
A. That the forecast will cause very little disruption to planning efforts
B. The forecast is consistently too high
C. The forecast is consistently too low
D. The forecast is accurate on average
E. All of the above
Judgement methods may be the only practical way to make a forecast when
A. There is a great deal of historic demand data
B. No relevant historic data exists
C. Quantitative models have been performing particularly well in recent periods
D. The forecast in the previous period had a MAPE of less than 10%
E. The forecast has a negative CFE
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