menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Operations and Supply Chain Management Study Set 4
  4. Exam
    Exam 17: Forecasting
  5. Question
    Forecast Methods Based on Judgment,opinion,past Experiences,or Best Guesses Are Known
Solved

Forecast Methods Based on Judgment,opinion,past Experiences,or Best Guesses Are Known

Question 94

Question 94

Multiple Choice

Forecast methods based on judgment,opinion,past experiences,or best guesses are known as ___________ methods.


A) quantitative
B) qualitative
C) time series
D) regression

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q84: If the forecast for July was 3,300

Q85: The exponential smoothing model produces a naïve

Q86: A forecasting model has produced the following

Q87: A qualitative procedure used to develop a

Q88: Selecting the type of forecasting method to

Q89: Continuous replenishment systems rely heavily on extremely

Q90: Forecasts based on mathematical formulas are referred

Q91: The closer the smoothing constant,α,is to 1.0

Q92: Correlation is a measure of the strength

Q93: A _ is an up-and-down movement in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines