Question: Question content area Part 1 One qualitative forecasting method bases the forecast for a new product or service on the actual sales history of a

Question content area
Part 1
One qualitative forecasting method bases the forecast for a new product or service on the actual sales history of a similar product or service. An example is forecasting demand for the newest model of iPod by using the demand history from the previous model of iPod. This method is
A.
life cycle analogy.
B.
Delphi.
C.
build-up forecasting.
D.
panel consensus forecasting.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!