Levi Strauss is unsure of what sales forecasting method to use in determining future demand for its 501 blue jeans. When choosing the specific forecasting method, Levi Strauss should consider all of the following except
A) the costs involved.
B) capital investment projects.
C) time span of the forecast.
D) market characteristics.
E) experience of forecasters.

Question

Quizplus · Accepted Answer

When deciding on a sales forecasting method for its 501 blue jeans, Levi Strauss should consider the costs involved, time span of the forecast, market characteristics, and the experience of forecasters. However, capital investment projects are not relevant to forecasting demand for a product.

Levi Strauss Is Unsure of What Sales Forecasting Method to Use