A Forecasting Technique That Finds a Similar Product's or Service's

question 31

Multiple Choice

A forecasting technique that finds a similar product's or service's past sales (life cycle) and extrapolates to your product or service is known as

• A) Qualitative Forecasting
• B) Regression
• C) Simple Extrapolation
• D) Delphi Technique
• E) Historical Analogy

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Definitions:

Hypothalamus

A subcortical structure that plays a vital role in controlling many motivated behaviors, like eating, drinking, and sexual activity.

Prefrontal Cortex

A region of the brain associated with decision making, personality expression, cognitive planning, and moderating social behavior.

Circadian Rhythm

The natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.

Optic Nerve

The bundle of fibers that proceeds from each retina to the brain.