Please state whether below statements are True or False Governments can not successfully plan for developmental goals without forecasting. Choose... - Choose... Multiple regression is a classic example of the time series forecasting method Good forecasts pay off economically not by generating large sums of money but rather by preventing the loss of a large sum of money. Choose... - Allowances should always be made for inaccuracies in forecasting Choose... Companies deploy sophisticated software's and algorithms as this guarantees accuracy in forecasting Choose... Long productions run and fewer setups are a blessing to most forecasters. Choose... The primary goal of forecasting is to identify the full range of possibilities, not a limited set of illusory certainties. Choose... An accurate forecast reduces the bullwhip effect within the supply chain Choose... Choose... - A tactical forecast is appropriate when making decisions related to the capacity planning. The marketing department most treasured goal is to ensure high levels of product availability and this is the biggest headache for demand planners Choose