Question: Disadvantages of naive forecasts include: a. time to develop a forecast is lengthy b. time-consuming to prepare c. it is expensive to use d. inability

Disadvantages of naive forecasts include:

a.

time to develop a forecast is lengthy

b.

time-consuming to prepare

c.

it is expensive to use

d.

inability to provide highly accurate forecasts

e.

the technique is difficult to understand

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