Which of the Following Statements About Methods Used to Forecast

question 12

Multiple Choice

Which of the following statements about methods used to forecast sales is true?

• A)The statistical demand analysis appeals to managers because it is simple to use and to understand
• B)The market test is the ultimate test of consumer reaction to a product
• C)Any biases created in a sales forecast created through a force composite can be inexpensively corrected
• D)The users' expectations method of sales forecasting works best with products like baby clothes,snack food and home computer systems
• E)Sales forecasting using the jury of executive opinion method should never be used with new products

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