Which of the following forecasting methods uses top experts in the field? executive opinions the Delphi...
- executive opinions
- the Delphi method
- sales force composites
- quantitative analysts
Homework Answers
The correct option is The Delphi method as data of questionnaires is sent to experts to analyze for forecasting.
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Which of the following forecasting methods uses top experts in the field?
executive opinions
the Delphi...
The forecasting method which uses anonymous questionnaires to achieve a consensus forecast is: sales force opinions....
The forecasting method which uses anonymous questionnaires to achieve a consensus forecast is: sales force opinions. the Delphi method. consumer surveys. time series analysis. executive opinions.
Which of the following is a quantitative forecasting method? A. Jury of executive opinion B. exponential...
Which of the following is a quantitative forecasting method? A. Jury of executive opinion B. exponential smoothing C. market survey D. sales force composite
22. Which of the following statements about forecasting is NOT true? (4 points) a. The need...
22. Which of the following statements about forecasting is NOT true? (4 points) a. The need for medium-term forecasts arises from planning problems related to issues of capacity. b. Managers use judgment methods for short-term forecasts when historical data is not available. c. Managers are typically interested in forecasts of unit demand for individual products for the short term. d. The Delphi method is a structured, consensus building forecasting method that uses a group of experts to make a forecast....
QUESTION 16 The forecasting method that pools the opinions of high level executives often in a...
QUESTION 16 The forecasting method that pools the opinions of high level executives often in a round-table group discussion is called O jury of executive opinion sales force composite Delphi method. trend projection a and conly. QUESTION 17 Evolutionary service designs include: additions to the existing lineup of services to enhance services already being offered service improvements, to improve quality style changes, such as remodeling refurbishing and renovation all of the above none of the above QUESTION 18 The four...
1. Which of the following statements is (are) not correct in the context of the Delphi...
1. Which of the
following statements is (are) not correct in the context of the
Delphi forecasting methodology? The Delphi Method
involves:
a. Consulting directly with
groups of qualified individuals and then compiling their opinions
into a forecast.
b. Detailed online surveys of
experts and the compiling of their individual answers to create a
median result.
c. Forecasting future
company performance as a function of past operating and financial
data.
d. Research or planning groups
within an organization when members...
12) Which of the following are qualitative forecasting methods? Select one or more: a. Exponential smoothing...
12) Which of the following are qualitative forecasting methods? Select one or more: a. Exponential smoothing b. Causal Models c. Customer survey d. Delphi Method
Which forecasting method would most likely seek to develop a consensus among group of experts? A....
Which forecasting method would most likely seek to develop a consensus among group of experts? A. Qualitative B. Quantitative C. Weighted moving average D. Linear regression
which of the following is a qualitative forecasting method A trend projection B linear regression C...
which of the following is a qualitative forecasting method A trend projection B linear regression C naive approach D Delphi method
8 Which method of sales forecasting is based on the informal but informed opinions of managers?...
8 Which method of sales forecasting is based on the informal but informed opinions of managers? A. The product stages method B. The jury of executive opinion method C. The moving average method D. The regression method E. The salesforce estimation method 10 During the ________ stage of the product life cycle, sales are primarily based on the need to replace products. A. growth B. maturity C. decline D. introduction E. Saturation 13 Which management function precedes and is the...
do you agree or disagree and why? Langabeer and Helton (2016) state that forecasting is "a collaborative process that es...
do you agree or disagree and why? Langabeer and Helton (2016) state that forecasting is "a collaborative process that estimates the volume of patients who will be served over a specific time period" (p. 107). Forecasting is a form of planning ahead for the future. Planning ahead is biblical. Proverbs 21:5 supports this when it says "Careful planning puts you ahead in the long run; hurry and scurry puts you further behind". Healthcare managers need to plan ahead and also...
22. Which of the following statements about forecasting is NOT true? (4 points) a. The need for medium-term forecasts arises from planning problems related to issues of capacity. b. Managers use judgment methods for short-term forecasts when historical data is not available. c. Managers are typically interested in forecasts of unit demand for individual products for the short term. d. The Delphi method is a structured, consensus building forecasting method that uses a group of experts to make a forecast....
QUESTION 16 The forecasting method that pools the opinions of high level executives often in a round-table group discussion is called O jury of executive opinion sales force composite Delphi method. trend projection a and conly. QUESTION 17 Evolutionary service designs include: additions to the existing lineup of services to enhance services already being offered service improvements, to improve quality style changes, such as remodeling refurbishing and renovation all of the above none of the above QUESTION 18 The four...
1. Which of the
following statements is (are) not correct in the context of the
Delphi forecasting methodology? The Delphi Method
involves:
a. Consulting directly with
groups of qualified individuals and then compiling their opinions
into a forecast.
b. Detailed online surveys of
experts and the compiling of their individual answers to create a
median result.
c. Forecasting future
company performance as a function of past operating and financial
data.
d. Research or planning groups
within an organization when members...
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