A judgmental forecasting technique that uses decision makers,staff personnel,and respondent to determine a forecast is called
A)exponential smoothing.
B)the Delphi method.
C)jury of executive opinion.
D)sales force composite.
E)consumer market survey.

Question

Quizplus · Accepted Answer

The Delphi method involves bringing together a group of experts or decision makers to make predictions or forecasts in a structured process. It allows for the input of multiple perspectives and can help to generate more accurate forecasts by considering a range of factors and potential outcomes. Options A, C, D, and E may involve input from staff or respondents, but do not necessarily involve a structured process or the use of experts.

A Judgmental Forecasting Technique That Uses Decision Makers,staff Personnel,and Respondent