Question: Regardless of which simple forecasting method is used to forecast period 8, which of the following is true if the downward trend continues? 470 450

Regardless of which simple forecasting method is

Regardless of which simple forecasting method is used to forecast period 8, which of the following is true if the downward trend continues? 470 450 430 Demand 410 390 370 350 1 2 3 5 7 Period Your forecast will always exceed the actual demand You would need to increase your forecast based on a judgmental method of adjustment The forecast error will be constant Your forecast will always be less than the actual demand

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