When you enter the grocery store you ask yourself: "How many litres of milk should I buy?" This is an example of a(n)
A)Delphi forecast
B)technological forecast
C)direct forecast
D)statistical forecast

Question

Quizplus · Accepted Answer

A direct forecast is a simple and straightforward method of forecasting, where the forecaster simply asks customers or potential customers for their opinions and intentions. In this scenario, the question of how much milk to buy is a direct forecast as the forecaster is asking themselves how much they need. This method can be quick and cost-effective, as it does not require any complex analysis or extrapolation of data.

When You Enter the Grocery Store You Ask Yourself: "How