Which of the following forecasting methods uses top experts in the field?
A) executive opinions
B) the Delphi method
C) sales force composites
D) quantitative analysts

Question

Quizplus · Accepted Answer

The Delphi method uses top experts in the field to gather their opinions and create a consensus forecast. Executive opinions rely on the opinions of top executives within the company, sales force composites use sales data from the sales team, and quantitative analysts use statistical models to make forecasts.

Which of the Following Forecasting Methods Uses Top Experts in the Field