Which of the Following Techniques Are Most Likely to Be

question 108

Multiple Choice

Which of the following techniques are most likely to be used for forecasting demand for new products and services?

• A)Trend models
• B)Judgmental methods
• C)Moving averages
• D)Regression models
• E)Exponential smoothing techniques

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Definitions:

Gross Price Method

A pricing approach where the price of goods or services is determined without deducting any trade discounts or allowances.

Cost Index

An index that measures the change in the cost of a basket of goods or services over time, often used in business and economics to track inflation or deflation.

Inventory-Pool Method

A technique in accounting used to group similar inventories together to simplify valuation and cost calculations.