This forecasting method acknowledges three key factors affecting sales--trend, seasonal , cycles.
A) Delphi method
B) Salesforce composite
C) Exponential smoothing
D) Moving averages
E) Decomposition method

Question

Quizplus · Accepted Answer

The decomposition method breaks down historical data into trend, seasonal, and cyclical components in order to forecast future sales. Therefore, this method acknowledges all three key factors affecting sales.

This Forecasting Method Acknowledges Three Key Factors Affecting Sales--Trend, Seasonal