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Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _______ as the forecasting horizon _______.
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Oct 27, 2023
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Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _______ as the forecasting horizon _______.
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Aakash Goplani
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Forecast accuracy tends to decrease as the forecasting horizon increases.
Explanation—It is harder to forecast for a long time in the future…accuracy would be worse in long term.
Vwvolodya
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Nov 1, 2023
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