Which of the following is not a "rule of forecasting"?

a. forecasting should always include a quantitative analysis
b. the likelihood of forecast accuracy decreases as you attempt to forecast events further in the future
c. the forecast is very likely to be wrong
d. the likelihood of forecast accuracy increases as you forecast at the aggregate level

A. Forecasting should always include a quantitative analysis

Forecasting makes predictions about the future using knowledge of past and current events, so the analysis is not always about something than can be measured/counted (aka quantified).

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3