Which of the Following Features Would Not Generally Be Considered

question 142

Multiple Choice

Which of the following features would not generally be considered common to all forecasts?

• A)Assumption of a stable underlying causal system.
• B)Actual results will differ somewhat from predicted values.
• C)Historical data is available on which to base the forecast.
• D)Forecasts for groups of items tend to be more accurate than forecasts for individual items.
• E)Accuracy decreases as the time horizon increases.

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Definitions:

Job Expansion

The process of broadening the scope of tasks and responsibilities of a particular job to make it more engaging and less monotonous for the employee.