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Bernie Skolnik Is Trying to Decide What Forecasting Method to Use

Question 51

Multiple Choice

Bernie Skolnik is trying to decide what forecasting method to use. He is especially concerned that the forecasting method be (1) understood by top management, and (2) allow for possible changing future market conditions. Mr. Skolnik would be most interested in which of the following criteria for evaluating forecasting methods?


A) comprehensibility and accuracy
B) timeliness and quality of information
C) flexibility and ratio of costs/benefits
D) comprehensibility and flexibility

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