A Qualitative Forecasting Technique Well-Suited for Demand Forecasts of a New

question 61

Multiple Choice

A qualitative forecasting technique well-suited for demand forecasts of a new product or service is the:

• A) Delphi method.
• B) build-up forecast.
• C) life cycle analogy method.
• D) market survey.

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Definitions:

Accommodation

The provision of a place to stay or the process of adjusting something to match a certain need.

War

A state of armed conflict between different countries or different groups within a country.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services based on the holder's promise to pay for them.

Sequential Game

A sequential game is a type of game theory model where players make decisions one after another, rather than simultaneously, allowing for the observation of previous choices.