Preparing an accurate forecast for an aggregated group of similar products is often easier than forecasting for an individual product separately.

Question

Quizplus · Accepted Answer

Aggregated forecasting takes into account the general trends and patterns of a group of similar products, making it easier to predict their overall demand. Forecasting for individual products requires more specific data and analysis, which can be more challenging to obtain and use accurately.

Preparing an Accurate Forecast for an Aggregated Group of Similar