The key in using expert opinion to help forecast demand is ________; that is, comparing estimates produced by different sources.
A) indemnification
B) simulation
C) morphing
D) modeling
E) triangulation

Question

Quizplus · Accepted Answer

Triangulation involves comparing and combining estimates from different sources to improve the accuracy of forecasts. This method is particularly useful when using expert opinions, as it helps to validate and refine the estimates by identifying areas of agreement and divergence among experts.

The Key in Using Expert Opinion to Help Forecast Demand