Question: Forecasts that are produced by averaging independent forecasts based on different methods, different sources, or different data are known as: combination forecasts. grand averaging forecasts.

Forecasts that are produced by averaging independent forecasts based on different methods, different sources, or different data are known as:
combination forecasts.
grand averaging forecasts.
focus forecasts.
exponential smoothing forecasts.
Forecasts that are produced by averaging independent forecasts based on different

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!

Q:

I want you to summerize these 7 items. !Please be different from other answers! !Please get a little quick! Thanks. You should summarize the 7 items in the photo. Max 125 words! reading 1....

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Write and discuss 5 or more ideas regarding The Buying Process (page 110-112). Identify at least 3-4 specific ways a professional marketer can use this model to evaluate a selected product or service...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 B C D E F G Estimate Estimation Error Square of Error Template for Linear Regression Time...

Q:

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

Q:

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

Q:

Discussion Board Week 3 "Managing in the Global Economy and Outsourcing Offshore" Using Techniques to Forecast Variables of Interest to Business and Foreign Exchange During the Weekly Scenarios Herb...

Q:

NOTE** READ THE CASE AND FOLLOW ALL INSTRUCTIONS STEP BY STEP. CALCULATION ON EXCEL VERY IMPORTANT. Above is the case, now follows the questions. EXCEL file and well explained work important. THE...

Q:

Which function is normally responsible for sales volume variances? a. marketing b. administration c. production d. top management

Q:

Wilton would like to have $1,953 one year from today. He currently has $1,800 in a savings account. Assume he will invest all of the money in the savings account today and earn a 5% annual return...

Q:

As the discount rate ( cost of capital ) is decreased, the NPV will: A . ) increase. B . ) decrease. C . ) remain constant.

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...