A sales organization creates a new sales forecast by simply taking the average of demand forecasts that

Question:

A sales organization creates a new sales forecast by simply taking the average of demand forecasts that each sales manager generated individually. What type of subjective forecasting approach best describes this? 

a. Forecast combination 

b. Forecast with consensus building 

c. Prediction market 

d. Time-series forecasting

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

Question Posted: