... less need for forecasts Consequently, forecasts for a shorter time interval (a few hours or a single day) are quite uncommon (see Figure 2.2) The role of the logistician in generating forecasts ... and short-term forecasts Demand forecasts are organized by periods of time into three general categories Long-term forecasts span a time horizon from one to five years Predictions for longer periods ... generated for a whole group of commodities (or services) rather than for a single item (or service) Moreover, in the long term, sector forecasts are more common than corporate ones Medium-term forecasts...