Which of the Following Is a Quantitative Forecasting Techniques That

question 79

Multiple Choice

Which of the following is a quantitative forecasting techniques that is frequently used by planners to assess consumer responses to new-product offerings?

• A) Survey of buyer intentions
• B) Exponential smoothing
• C) Test markets
• D) Sales force composite technique

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Definitions:

Net Credit Sales

The total revenue from sales made on credit after subtracting returns and allowances.

Inventory Turnover

A ratio indicating how many times a company's inventory is sold and replaced over a specific period.

Inventory

Refers to the goods and materials a business holds for the purpose of resale or production.

Cost Of Goods Sold

Costs that are directly related to the production of goods a company sells, encompassing expenses for labor and materials.