The __________ forecasting model uses nonlinear optimization to forecast the adoption of innovative and new technologies in the marketplace.
A)Hauck
B)LMS
C)Markowitz
D)Bass

Question

Quizplus · Accepted Answer

The Bass forecasting model is specifically designed to forecast the adoption of new technologies or innovations in the marketplace. The model uses a combination of historical data and market conditions to forecast the rate of adoption and eventual saturation of the technology. It is a widely used and accepted model in the field of forecasting for new product launches.

The __________ Forecasting Model Uses Nonlinear Optimization to Forecast the Adoption