Forecasting accuracy how accurate should a forecast be how, Operation Management

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Forecasting accuracy how accurate should a forecast be how

Explore these two ideas (one or both):

Forecasting Accuracy. How accurate should a forecast be? How much should a company pay to obtain accuracy? How should a company justify additional costs (investment and operating) to obtain greater forecast accuracy?

What is more important, short term forecasting (e.g. week, month, quarter) or long term forecasting (e.g. year, 5-years)?

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Operation Management: Forecasting accuracy how accurate should a forecast be how

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Operation Management: Forecasting accuracy how accurate should a forecast be how

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