Which of the following is a basic consideration of forecasting?
A) Forecasts at lower levels are more accurate
B) Once a forecast has been made, management has all it needs to plan for operations
C) Managerial estimates are the best source for demand forecasts
D) Downstream transactional data such as customer requisitions are the best source for projecting demand

Question

Quizplus · Accepted Answer

Downstream transactional data such as customer requisitions provide real-time insights into customer demand, making them a reliable source for projecting future demand.

Which of the Following Is a Basic Consideration of Forecasting