Supply Chain Management Objective Set 1

Q1: The longer the forecast horizon, the more accurate the forecast is  AnswerAnswer: Wrong – False Q2: Aggregate forecasts are more accurate  AnswerAnswer: Correct – True Q3: Long-term forecasts are usually more accurate than short-term forecasts  AnswerAnswer: Wrong – False Q4: Short-term forecast is employed to handle seasonality in demand across a time period of…

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