Forecasting methods that imitate the consumer choices that give rise to demand to arrive at a forecast are known as
A)qualitative forecasting methods.
B)time series forecasting methods.
C)causal forecasting methods.
D)simulation forecasting methods.

Question

Quizplus · Accepted Answer

Simulation forecasting methods mimic real-life processes, including consumer decision-making, to predict future demand, making them the correct choice for this description.

Forecasting Methods That Imitate the Consumer Choices That Give Rise