(Answered) What are some of the differences between long and short

Management Studies

What are some of the differences between long and short term forecasts? What are some of the challenges that are specific to the schedule?

What are the characteristics of demand that are suited for longer rolling averages? Shorter rolling averages?

Historical demand can provide an excellent guideline in developing forecasts. What other factors should be considered when developing forecasts.

Some people will argue that forecasts are a sales and marketing function and shouldn't be part of an operations course. Do you agree? Why or why not?

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