Question: a . The second paragraph discusses improving forecast accuracy by shortening the forecast time horizon. Does this make sense to you? Describe your understanding. Given
a The second paragraph discusses improving forecast accuracy by shortening the forecast time horizon. Does this make sense to you?Describe your understanding.
Given that forecasts are more accurate the sooner in the future you are forecasting, shortening the forecast time horizon, it is good to manage your operation so that you can forecast in a shorter time horizon rather than longer. Pretend you are the founder of Spartan Motorcycle Company, and produce seven models of motorcycles. Give me three examples of operations improvements you could make that would shorten the forecast time horizon you would need. Clearly explain how each example shortens the forecasting time horizon
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