Which One of the Following Statements About Forecasting Is True

question 145

Multiple Choice

Which one of the following statements about forecasting is True?

• A) The five basic patterns of demand are the horizontal, trend, seasonal, cyclical, and the subjective judgment of forecasters.
• B) Judgment methods are particularly appropriate for situations in which historical data are lacking.
• C) Casual methods are used when historical data are available and the relationship between the factor to be forecast and other external and internal factors cannot be identified.
• D) Focused forecasting is a technique that focuses on one particular component of demand and develops a forecast from it.

---

Definitions:

Initiate Divorce

The act of beginning the legal process to end a marriage.

Sexual Liaisons

Temporary or casual sexual relationships between individuals.

Early Separation Phase

A period shortly after detachment or parting in processes like developmental stages, relationships, or employment, marked by adaptation and adjustment challenges.

Family Responsibilities

Obligations related to the care, support, and management of family members and the household.