Appropriate reasons for using qualitative techniques of forecasting include
A) non-availability of data
B) past data unrepresentative of future
C) non-availability of personnel familiar with quantitative techniques
D) and
E) A, B, and C
Correct Answer:
Verified
Q1: Good forecasts usually result by using
Q2: Perfect forecasts can be obtained only by
Q4: Advantages of qualitative forecasts include ability to
Q5: An automatic traffic counter is set to
Q6: Qualitative forecasts can be modified by
A) user
Q7: Quantitative forecasts can be modified by
A) user
Q8: A forecast based on average values as
Q9: A monthly forecast based on average monthly
Q10: Techniques based on averaging include
A) naïve forecasting
B)
Q11: Naïve forecast for any period is equal
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