The forecasting technique least-suited for short term projection is:

Question

Quizplus · Accepted Answer

Input-output analysis is a method used for long-term forecasting and is not suitable for short-term projections. This technique involves analyzing the interrelationships between different sectors of the economy and projecting how changes in one sector will affect others. It is a complex method that requires detailed data and analysis, making it less suitable for short-term projections. Survey analysis, barometric analysis, and time-series analysis of seasonal variations are all more appropriate for short-term projections.

The Forecasting Technique Least-Suited for Short Term Projection Is