Question: 29. The two general approaches to forecasting are: A. mathematical and statistical B. qualitative and quantitative C. judgmental and qualitative D. historical and associative E.
29. The two general approaches to forecasting are: A. mathematical and statistical B. qualitative and quantitative C. judgmental and qualitative D. historical and associative E. precise and approximation
35. Which statement below is TRUE for Associative Forecasting: A. Uses a variation of the nave forecasting technique B. Uses predictor variables C. Uses subjective information D. Is one of the simpler method of forecasting E. Always produces the best forecast
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
