The forecasting time horizon that would typically be easiest to predict for would be the A. intermediate range. B. short range.

Question

weqwewe [10]

4 years ago

11

The forecasting time horizon that would typically be easiest to predict for would be the A. intermediate range. B. short range.

C. long range. D. medium range.

Business

1 answer:

Murrr4er [49] · Answer 1 · 2021-12-13T23:07:31+03:00

Answer: B) Short range

Explanation:

Short range time horizon forecasting is prediction of the time span range till which the decisions regarding production, investments etc will work.This span is from three weeks lasting upto 1 year for making plans and accurate or actual predictions .It is used in job plan, work-force stages etc.

Other options are incorrect because long, medium or intermediate are the horizon that can't be predicted easily as compared to short range horizon for making decision based on few weeks span.Thus, the correct option is option(B).