For a Medium-Sized Canadian Furniture Manufacturing Company the Demand for Recliner

Multiple Choice

For a medium-sized Canadian furniture manufacturing company the demand for recliner chairs is fairly stable,because the market for recliner chairs is fairly stable.Since there exists a comparatively high degree of certainty in the market,which of the following forecasting models would be an effective model for assessing the demand for labour for this company?

A) a simple model based on a future forecast
B) a simple model based on an existing forecast
C) a structural equation model
D) a model based on an existing forecast