Forecasts Used for New Product Planning, Capital Expenditures, Facility Location

question 26

Multiple Choice

Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a:

• A) short-range time horizon.
• B) medium-range time horizon.
• C) long-range time horizon.
• D) naive method, because there is no data history.
• E) trend extrapolation.

---

Definitions:

Charles II

King of England, Scotland, and Ireland from 1660 to 1685, known for his role in the Restoration of the monarchy after the Interregnum period.

English Civil War

A series of armed conflicts and political machinations between Parliamentarians ("Roundheads") and Royalists ("Cavaliers") in England from 1642 to 1651.

Puritan Colonies

Settlements established in North America by Puritans, who sought religious freedom and aimed to create a society based on their theological beliefs.

Beaver Wars

Conflicts in the 17th century involving Native American tribes and European colonists, driven by the demand for beaver pelts.