Define the Analogy Method of Demand Forecasting, and Give an Example

question 54

Essay

Define the analogy method of demand forecasting, and give an example of how it could be used.

---

Definitions:

Telepathy

The claimed psychic ability to communicate thoughts or feelings between individuals without using the known human sensory channels.

Perception

The method of arranging and understanding sensory data, allowing us to identify significant objects and occurrences.

Ability

A person's level of competence in or aptitude for a particular task or range of tasks.

Clairvoyance

The claimed ability to gain information about an object, person, location, or physical event through extrasensory perception.