Which of the Following Forecasting Methods Is Very Dependent on Selection

question 85

Multiple Choice

Which of the following forecasting methods is very dependent on selection of the right individuals who will judgmentally be used to actually generate the forecast?

• A) Time series analysis
• B) Simple moving average
• C) Weighted moving average
• D) Delphi method
• E) Panel consensus

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Definitions:

After

Referring to a time or event that happens subsequent to a specific time or event.

Behind

At the back of, or in a position trailing something or someone.

Homeostasis

The physiological process by which an organism maintains internal stability despite changes in the external environment.

Homeo-

A prefix meaning similar or same, used in terms such as homeopathy, which involves treatment with small doses of natural substances that in larger amounts would produce symptoms of the ailment.