Question: Write a short response to each of the following assertions: a. Forecasts are always wrong, so why place any emphasis on demand planning? b. A

Write a short response to each of the following assertions:
a. Forecasts are always wrong, so why place any emphasis on demand planning?
b. A good forecasting process is too expensive.
c. All we need to do is hire a "quantitative type" to do our forecasting.

Step by Step Solution

3.27 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a One response Forecasts may not be right but they improve the odds of being clos... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

628-M-S-L-R (5892).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!