Type of qualitative forecasting

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Reference no: EM131732216

A store has the following sales figures:

Year Sales (in millions of dollars)

1 10

2 5

3 8

4 15

1. What is its sales forecast for year 2 using the naïve method?

A 10

B 5

C 8

D 15

2. Which of the following forecasting methods uses top experts in the field?

A executive opinions

B the Delphi method

C sales force composites

D quantitative analysts

3. Which of the following is not a type of qualitative forecasting?

A. sales force estimation

B.   moving average method

C. the Delphi method

D. jury of executive opinions

Reference no: EM131732216

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