Which of the Following Forecasting Methods Is the Most Commonly

question 40

Multiple Choice

Which of the following forecasting methods is the most commonly used qualitative method for determining workforce requirements?

• A)nominal group technique
• B)Delphi technique
• C)scenario planning
• D)management surveys

Understand inheritance and method usage in Java Swing components.

Apply Graphics class methods to draw strings and shapes.

Recognize the lifecycle methods of Java applets.

Understand event handling in Java, including item and mouse events.

---

Definitions:

Decision Making

The act of determining choices by pinpointing a decision, accumulating information, and examining other possible answers.

Preset Level

A predetermined or established level or standard that needs to be achieved or which serves as a benchmark for performance or operation.

Implicit Favorite

An unspoken preference or bias towards a particular option or choice in decision-making processes.

Escalation of Commitment

A psychological process whereby an individual continues to support a failing course of action due to cognitive biases, loss aversion, and sunk costs.