Solved

The Delphi Method of Forecasting Is Useful When

Question 45

Multiple Choice
The Delphi method of forecasting is useful when:
A) judgment and opinion are the only bases for making informed projections.
B) a systematic approach to creating and testing hypotheses is needed and the data are usually gathered by sending a questionnaire to consumers.
C) historical data are available and the relationship between the factor to be forecast and other external or internal factors can be identified.
D) historical data is available and the best basis for making projections is to use past demand patterns.

The Delphi method of forecasting is useful when:


A) judgment and opinion are the only bases for making informed projections.
B) a systematic approach to creating and testing hypotheses is needed and the data are usually gathered by sending a questionnaire to consumers.
C) historical data are available and the relationship between the factor to be forecast and other external or internal factors can be identified.
D) historical data is available and the best basis for making projections is to use past demand patterns.

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents