________ involves starting with the last known value of the item being forecast, listing the factors that could affect the forecast, assessing whether they have a positive or negative impact, and making the final forecast.
A) A direct forecast
B) A lost-horse forecast
C) A buyers' intentions forecast
D) An indirect forecast
E) An incremental forecast

Question

Quizplus · Accepted Answer

A lost-horse forecast involves starting with the last known value, considering factors that could affect it, and adjusting the forecast based on these factors.

________ Involves Starting with the Last Known Value of the Item