9) Demand forecasting that projects historical demand into the future or uses multiple variables to predict demand is called

a. qualitative forecasting

b. quantitative forecasting

c. either qualitative and quantitative forecasting

d. the jury of executive opinion

e. the Delphi method

10) Your healthcare facility is considering building a Health and Wellness Center, which will include a fitness facility open to the public. Since this will be the first facility of its kind in the region, your VP asks for a forecast of community demand for these services. Which of the following would be an appropriate qualitative method to choose?

a. Jury of executive opinion

b. Delphi method

c. Consumer market survey

d. Nave approach

e. Simple moving average

11) All of the following are true regarding linear trend projections, except

a. it is a time series model of forecasting

b. it requires the use of past forecasts

c. it is a version of the linear regression technique

d. it involves fitting a trend line to the historical demand data points

e. it gives the ability to forecast for multiple periods in the future

12) The operations manager at the vision clinic wants to forecast the number of patient appointments. She thinks that the number of patients they schedule depends on the number of hours the clinic is open each week and the amount they spend on marketing efforts. Which forecasting method should she use?

a. Simple moving average

b. Weighted moving average

c. Nave method

d. Multiple regression