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:

Flush Margin

This refers to text that is lined up along the left margin in a document, creating a uniform edge.

Business Letter

A formal document exchanged between companies or between a company and its clients, suppliers, or other parties.

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Inside Address

The recipient's address typically placed on a letter or envelope in formal correspondence.