When a Business Has a Relatively Small Number of Customers

question 124

Multiple Choice

When a business has a relatively small number of customers, a preferred method of forecasting is

• A) regression analysis.
• B) trend analysis.
• C) the Delphi technique.
• D) a market test.
• E) a customer forecasting survey.

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Definitions:

Rolling Mill

A machine or factory setup for rolling metal into sheets, rods, or various shapes through compressive forces applied by rotating rolls.

Equal Leg Angles

Structural shapes whose sides form a 90-degree angle and have legs of equal length, commonly used in construction.

Unequal Leg Angles

Structural steel shapes where the two sides forming the angle are of different lengths.

Unified National Fine

A standard for threading that specifies a fine thread pitch, commonly used in bolts, screws, and nuts in North American engineering applications.