Because of the development of advanced forecasting models,managers no longer track forecast error.

Name: Because of the development of advanced forecasting models,managers no longer track forecast error.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Although advanced forecasting models have reduced the margin of error, it is still important for managers to track forecast error, as it helps to measure the accuracy of the model and make necessary adjustments to improve future predictions.

Because of the Development of Advanced Forecasting Models,managers No Longer