The forecasting method that uses the opinions of a group of experts or managers is known as
A) the jury of executive opinion model
B) the management model
C) the Delphi method
D) the expert judgment model

Question

Quizplus · Accepted Answer

The Delphi method is a forecasting technique that uses the opinions and input of a group of experts or managers. The experts participate in several rounds of anonymous surveys or questionnaires in order to reach a group consensus on a forecast.

The Forecasting Method That Uses the Opinions of a Group