Which of the Following Is a Quantitative Approach to Forecasting

question 67

Multiple Choice

Which of the following is a quantitative approach to forecasting?

• A)the Delphi technique
• B)trend analysis and the nominal group technique
• C)the nominal group technique
• D)trend analysis
• E)managerial judgment

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Definitions:

Digital Technology

The electronic tools, systems, devices, and resources that generate, store or process data, characterized by high speed and innovation.

Interactive Marketing

Marketing strategies that involve two-way communication between companies and consumers, often leveraging digital platforms.

Customer Relationships

The management of interactions and engagements between a business and its customers, focusing on enhancing loyalty and satisfaction.

Collaborative Filtering

A method used by recommender systems to predict the interests of a user by collecting preferences from many users, assuming that people who agreed in the past will agree in the future.