Question: Select all that apply In the context of demand forecasts made by organizations, which of the following statements are true of forecasts? Multiple select question.
Select all that apply In the context of demand forecasts made by organizations, which of the following statements are true of forecasts? Multiple select question. If done carefully, forecasts rarely are inaccurate. Forecasting techniques generally assume that the same underlying causal system that existed in the past will continue to exist in the future. Forecasts for individual items tend to be more accurate than forecasts for groups of items. Forecast accuracy decreases the farther the forecasted time period is into the future
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