What forecasting technique assumes that one or more factors are related to demand and that this relationship can be used to estimate future demand?
A)Exponential smoothing
B)Judgmental
C)Cause and effect
D)Time series

Question

Quizplus · Accepted Answer

Cause and effect is a forecasting technique that assumes that some factors or causes are related to demand and can be used to predict future demand. This technique is also known as regression analysis. Through this technique, analysts can identify the cause and effect relationships between independent or predictor variables and the dependent or forecast variable.

What Forecasting Technique Assumes That One or More Factors Are