Which of the following forecasting techniques most likely has the lowest cost?
A)Simple time series
B)Scenario writing
C)Delphi probe
D)Econometric analysis

Question

Quizplus · Accepted Answer

Simple time series forecasting technique involves analyzing historical data and projecting it into the future based on patterns and trends. It is a relatively simple and low-cost technique compared to the other options provided.

Which of the Following Forecasting Techniques Most Likely Has the Lowest