Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _ as the forecasting horizon _.

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14-07-2022
Business

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Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _ as the forecasting horizon _.

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nancychav nancychav · Answer 1 · 2022-07-15T01:16:29+02:00

nancychav nancychav

15-07-2022

Forecast accuracy tends to decrease as the forecasting horizon increases.
Explanation—It is harder to forecast for a long time in the future…accuracy would be worse in long term.

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Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to​ _______ as the forecasting horizon​ _______.

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Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _ as the forecasting horizon _.