Judgmental forecasts have the following strengths, except___________. a. Can include “inside” and “soft” information difficult to quantify b. Difficulty in understanding causal relationships c. Can compensate for “one-time” or unusual events d. Highly responsive to latest changes in environment
Judgmental forecasts have the following strengths, except___________. a. Can include “inside” and “soft” information difficult to quantify b. Difficulty in understanding causal relationships c. Can compensate for “one-time” or unusual events d. Highly responsive to latest changes in environment
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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Judgmental forecasts have the following strengths, except___________.
a.
Can include “inside” and “soft” information difficult to quantify
b.
Difficulty in understanding causal relationships
c.
Can compensate for “one-time” or unusual events
d.
Highly responsive to latest changes in environment
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