Organizations use which three major types of forecasts, including two that may fall outside the role of the operations manager?
A) strategic, tactical, and operational
B) economic, technological, and demand
C) exponential smoothing, Delphi, and regression
D) causal, time-series, and seasonal
E) departmental, organizational, and territorial

Question

Quizplus · Accepted Answer

Economic, technological, and demand forecasts are the three major types organizations use. Economic forecasts relate to the general business cycle, technological forecasts focus on technological advancements and their impact, and demand forecasts estimate the future demand for a company's products or services.

Organizations Use Which Three Major Types of Forecasts, Including Two