Question: What is a common feature of all forecasts? A. Do not have to make allowances for errors B. Are more accurate for single variables than

What is a common feature of all forecasts? A. Do

What is a common feature of all forecasts? A. Do not have to make allowances for errors B. Are more accurate for single variables than groups of variables C. Increase in accuracy as forecasting time horizon increases D. Assume some causal relationship E. All of the above Question 5 0.75 p In operations management, which of the following is an element of product/service design? A. Identify customer needs and wants B. Translate customer needs and wants into products and services C. Develop promotional campaigns to generate market demand D. Secure financing for research & development efforts E. All of the above

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