One use of short-range forecasts is to determine:
A)planning for new products.
B)capital expenditures.
C)research and development plans.
D)facility location.
E)job assignments.

Question

Quizplus · Accepted Answer

Short-range forecasts are used for daily or weekly planning, and one important use of these forecasts is to make job assignments. By predicting the demand for each product or service, managers can assign staff to work on the projects that need the most attention. This helps to ensure that the company is meeting customer demand and making the most of its resources. While forecasts may be used in other areas like product planning or research and development, short-range forecasts are typically more focused on immediate concerns related to day-to-day business operations.

One Use of Short-Range Forecasts Is to Determine