Which of the following statements about methods used to forecast sales is true?
A) The statistical demand analysis appeals to managers because it is simple to use and to understand
B) The market test is the ultimate test of consumer reaction to a product
C) Any biases created in a sales forecast created through a force composite can be inexpensively corrected
D) The users' expectations method of sales forecasting works best with products like baby clothes,snack food and home computer systems
E) Sales forecasting using the jury of executive opinion method should never be used with new products
Correct Answer:
Verified
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