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The forecasting time horizon that would typically be easiest to predict for would be the

User Tetsuo
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Answer:

The correct approach will be "short-range".

Step-by-step explanation:

  • Forecasting would be an essential component of planning as well as decision-making, manufacturing operations need to be consistent regarding the forecast horizon. The forecast period or horizon seems to be the length of time to improve predictions within the distance.
  • Usually, the short range would be less around three months and seems to have a period ranging approximately one year. It has been used in scheduling, ordering arrangements for employees, job responsibilities, level of the working population, level of a commodity.

So that the above is the appropriate one.

User Preethy
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