Forecasts Are Usually Classified by Time Horizon into Three Categories

question 15

Multiple Choice

Forecasts are usually classified by time horizon into three categories

• A) short-range, medium-range, and long-range
• B) finance/accounting, marketing, and operations
• C) strategic, tactical, and operational
• D) exponential smoothing, regression, and time series
• E) departmental, organizational, and industrial

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Definitions:

Dim Room

A dim room is a space where the lighting is intentionally kept low, either for ambiance, to reduce energy consumption, or to facilitate certain activities or experiments.

Widens

To become broader or more open in space or time.

Hue

A color or shade in the spectrum, distinguished by its wavelength of light.

Wavelength

The distance between successive crests of a wave, typically used in the context of electromagnetic waves.