Judgmental Forecasting Should Only Be Used If No Historical Data

question 26

True/False

Judgmental forecasting should only be used if no historical data are available.

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Definitions:

Receiving Calls

The process of answering incoming telephone calls, often associated with customer service or technical support departments.

Time-Driven

Describes processes or activities where the primary factor or measurement is time, often used in various management and productivity contexts.

Customer Service

The support and guidance offered by a firm to its customers or users of its goods or services.

Time-Driven

This refers to a method or activity that is determined, scheduled, or measured based on the passage of time, often used in costing and process management.