Inventory Manager Question:
Do you know what Makes A Good Forecasting Model?
Answer:
A good forecast model will have reasonable costs. the accuracy of its forecasts will allow good decision making. The model will have ample data available for its use and a relevant time span. The model finally will have a low interference level.
Previous Question | Next Question |
Tell me what Are Finished Goods? | Explain me what are the important considerations in inventory control? |