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The Time Horizon in Forecasting 'The long term is measured in months or years; It is one part of the overall firm's manufacturing strategy; Problems for long term forecasting include long term capacity planning;long term sales patterns,and growth trend. .One of example is long term planning of capacity. Long Capacity needs Long-term sales patterns Growth trends Fig.2-1 Forecast Horizons in Operation PlanningThe Time Horizon in Forecasting Fig.2-1 Forecast Horizons in Operation Planning •The long term is measured in months or years; •It is one part of the overall firm’s manufacturing strategy; •Problems for long term forecasting include long term capacity planning; long term sales patterns, and growth trend. •One of example is long term planning of capacity
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