The Two Most Important Factors in Choosing a Forecasting Technique

question 135

Multiple Choice

The two most important factors in choosing a forecasting technique are:

• A) cost and time horizon.
• B) accuracy and time horizon.
• C) cost and accuracy.
• D) all of the choices are correct.
• E) none of the choices are correct.

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Definitions:

Lungs

Main organs of the respiratory system, involved in the exchange of oxygen from the atmosphere with carbon dioxide from the blood.

Evolved

A term referring to the process by which species undergo gradual changes in their genetic composition and traits over generations, often in response to environmental pressures.

Lungfishes

A group of freshwater fishes that have the ability to breathe air using lungs, in addition to gill breathing.

Sensorimotor Thought

A stage in cognitive development, according to Piaget, where infants interact with their environment through physical actions like sucking, grasping, and looking.