Question: When forecasting demand for new products, sometimes firms will use demand data from similar existing products to help forecast demand for the nev product. What

When forecasting demand for new products, sometimes firms will use demand data from similar existing products to help forecast demand for the nev product. What technique is this an example of

?

Multiple Choice

Delphi method

Historical analogy

Collaborative forecasting

Ad hoc forecasting

Marketing research

When forecasting demand for new products, sometimes firms will use demand

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