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