Using a Naive Forecasting Method,the Forecast for Next Week's Sales

question 29

Multiple Choice

Using a naive forecasting method,the forecast for next week's sales volume equals

• A)the most recent week's sales volume.
• B)the most recent week's forecast.
• C)the average of the last four weeks' sales volumes.
• D)next week's production volume.

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Definitions:

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Single-use gloves made from synthetic rubber used for hand protection, often in medical and industrial settings.

Enforceable Contract

A valid contract that is legally binding and can be upheld and enforced in court if necessary.

Oral Agreement

A contract formed through spoken communication rather than in written form, yet legally binding in many cases.

Delivery Service

A business or system that transports goods or packages from one location to another, ensuring they reach recipients.