ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Qualitative Methods of forecasting include ____
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Jury of Executive Opinion
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Delphi Method
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Sales force composite
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Naive Approach
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Explanation:
Detailed explanation-1: -a method of forecasting future demand for a product by adding together what each member of the sales force expects to be able to sell in his or her territory.
Detailed explanation-2: -3) Sales force composite (qualitative) This technique uses the experience of the sales teams (individual sales reps, managers) to produce forecasts. It is a grass roots method that attempts to gain insight into regions, products, and even individual customers.
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