Which forecasting technique tends to be appropriate when there is little or no historical data?
A)exponential smoothing
B)judgmental
C)time series
D)cause and effect

Question

Quizplus · Accepted Answer

When there is little or no historical data available, the judgmental forecasting technique tends to be appropriate. This method relies on the knowledge and expertise of individuals or teams to make predictions based on their intuition, experience, and judgment.

Which Forecasting Technique Tends to Be Appropriate When There Is