A forecast where the current period's demand is used as the next period's forecast is known as a
A)moving average forecast.
B)naïve forecast.
C)weighted moving average forecast.
D)Delphi forecast.

Question

Quizplus · Accepted Answer

A naïve forecast simply uses the current period's demand as the forecast for the next period, making it the best choice in this scenario. Moving average and weighted moving average forecasts use past demand data to predict future demand, while Delphi forecasts involve expert opinions and consensus building.

A Forecast Where the Current Period's Demand Is Used as the Next