GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not the method of forecasting demand
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Total outlay method
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Expert option method
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Collective opinion method
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Controlled opinion method
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Explanation:
Detailed explanation-1: -Option (b) Critical path method is not the method of demand forecasting.
Detailed explanation-2: -Answer. Ans-a) Collective opinion method.
Detailed explanation-3: -Some of the important demand forecast methods are predictive analysis, conjoint analysis, client intent surveys, and the Delphi Method of forecasting. Market research is based on customer survey data and can provide valuable insights that internal sales data cannot.
There is 1 question to complete.