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

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

Regardless of which simple forecasting method is

Group of answer choices

Your forecast will always be less than 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 exceed the actual demand

470 450 430 Demand 410 390 370 350 1 N 3 4 5 6 7 Period

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