When a commercial janitorial service company predicts demand for its services using commercial building permits issued,office leasing and vacancy rates,this is an example of:
A)a repetitive pattern modeling tool.
B)a time series forecasting technique.
C)a deterministic model.
D)a causal model.
E)a qualitative forecasting technique.

Question

Quizplus · Accepted Answer

The commercial janitorial service company is using causal modeling technique where it is predicting demand based on the causal relationship between commercial building permits issued, office leasing, and vacancy rates.

When a Commercial Janitorial Service Company Predicts Demand for Its