__________ involve different procedures that break down previous company sales data into four major components: trend, cycle, seasonal, and erratic
A) Moving averages
B) Exponential smoothing
C) Decomposition methods
D) Breakdown methods
E) Delphi methods

Question

Quizplus · Accepted Answer

Decomposition methods involve breaking down previous sales data into its four components (trend, cycle, seasonal, and erratic) in order to better understand and forecast future sales patterns. Moving averages and exponential smoothing are other forecasting techniques that do not necessarily involve breaking down the data in this way, and Delphi methods are a different type of forecasting technique altogether.

__________ Involve Different Procedures That Break Down Previous Company Sales