Question: What does the forecasting principle Your forecast is most likely wrong imply for supply chain management? The inherent inaccuracy and unpredictability of forecasts. The superiority
What does the forecasting principle "Your forecast is most likely wrong" imply for supply chain management?
The inherent inaccuracy and unpredictability of forecasts.
The superiority of qualitative forecasting methods.
The importance of historical data in making accurate forecasts, as past data is more reliable.
The necessity for complex forecasting models.
The inherent uncertainty in prediction models.
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