Which of the Following Forecasting Methods Uses Executive Judgment as Its

question 102

Multiple Choice

Which of the following forecasting methods uses executive judgment as its primary component for forecasting?

• A) Historical analogy
• B) Time series analysis
• C) Panel consensus
• D) Market research
• E) Linear regression

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Definitions:

Fixation

In psychology, a persistent focus of the id’s pleasure-seeking energies at an earlier stage of psychosexual development.

Sign Language

A form of communication that uses visual gestures and signs, as used by deaf and hard-of-hearing people.

Syntax

Syntax refers to the set of rules, principles, and processes that govern the structure of sentences in a language, including the arrangement of words and phrases to create meaningful sentences.

Imitation

The action of using someone or something as a model and replicating their behavior or actions.