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:

Environmental Factors

External elements including climate, geography, and human influences that affect individuals and societies.

Present Environments

The current external and internal contexts within which individuals, organizations, or systems operate.

Future Environments

Refers to scenarios or conditions that are likely to occur in the future, impacting societies, technologies, economies, and the natural world.

Organization's Design

Refers to the structured arrangement of roles, responsibilities, and processes within an organization to achieve its goals efficiently.