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.

---

Definitions:

Specific Date

A distinct, exact date identified by day, month, and year.

Eastern Region's Sales Data

Statistical information that represents the volume of sales achieved in the eastern geographical area of a business.

Routine Request

A common or standard inquiry or appeal, often made in the context of business or professional communication, that follows established norms.

Summary

A concise statement or overview that captures the essential points of a larger piece of writing or speech.