Which one of the following statements is NOT true about the forecasting in the serviceâ€‹ sector? A. Forecasting in the service sector presents some unusual challenges. B. Hourly demand forecasts may be necessary. C. Demand patterns are often different from those inâ€‹ non-service sectors. D. Detailed forecasts of demand are not needed.

Question

Macho

Business

20 June, 08:29

Which one of the following statements is NOT true about the forecasting in the serviceâ€‹ sector? A. Forecasting in the service sector presents some unusual challenges. B. Hourly demand forecasts may be necessary. C. Demand patterns are often different from those inâ€‹ non-service sectors. D. Detailed forecasts of demand are not needed.

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Ronald Pierce · Answer 1

d. Detailed forecasts of demand are not needed.

Explanation:

Which one of the following statements is NOT true about the forecasting in the serviceâ€‹ sector? A. Forecasting in the service sector presents some unusual challenges. B. Hourly demand forecasts may be necessary. C. Demand patterns are often different from those inâ€‹ non-service sectors. D. Detailed forecasts of demand are not needed.

What is forecasting

Forecasting is the technique of making predictions of the future based on past and present data and most commonly by analysis of trends. it is the process of predicting the future based on data in the past and present and making some informed decisions on it.

all the above are correct about forecasting in the service save D. Detailed forecasts of demand are not needed.