Question: 1 1 ) The Delphi method of forecasting is useful when: A ) a systematic approach to creating and testing hypotheses is needed and the

11) The Delphi method of forecasting is useful when:
A) a systematic approach to creating and testing hypotheses is needed and the data are usually gathered by sending a questionnaire to consumers
B) when there is little existing data with which to make informed decisions.
C) historical data are available and the relationship between the factor to be forecast and other external or internal factors can be identified
D) historical data is available and the best basis for making projections is to use past demand patterns
E) historical data is used for Analytics and Forecasting.

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