The simplest judgment method, which assumes, naively, that the next period's sales will be the same as they were in the previous period is called a naïve forecast.
Correct Answer:
Verified
Q79: A way of developing forecasts based on
Q80: The breakdown approach is particularly useful and
Q81: A way of developing forecasts based on
Q82: In general, the breakdown approach is more
Q83: Subjective forecasts based on knowledgeable people's opinions
Q85: A sales forecast method based on key
Q86: Forecasting approaches that tabulate responses to questions
Q87: Surveys that ask customers about their intentions
Q88: A survey of buying intentions is a
Q89: Using historical data to predict future sales
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents