Question: Focus forecasting is A . actual demands from the more recent time periods in the time series that are set aside to test different models
Focus forecasting is
A
actual demands from the more recent time periods in the time series that are set aside to test different models developed from the earlier time periods.
B
a measure that indicates whether a method of forecasting is accurately predicting actual changes in demand.
C
a process for supply chain integration that allows a supplier and its customers to collaborate on making the forecast by using the Internet.
D
a method of forecasting that selects the best forecast from a group of forecasts generated by individual techniques.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
