Which of the following techniques are used in quantitative forecasting methods?
A) exponential smoothing
B) sales force composite approach
C) executive opinion summaries
D) consumer surveys

Question

Quizplus · Accepted Answer

Exponential smoothing is a quantitative forecasting technique that involves using past data to forecast future data by giving more weight to recent observations. The other options (sales force composite approach, executive opinion summaries, and consumer surveys) are all qualitative forecasting techniques that involve gathering opinions or input from individuals or groups.

Which of the Following Techniques Are Used in Quantitative Forecasting