Question

which of the following is not a forecasting technique

Answer 1

Answer:

we are given to select the correct method that is not a forecasting method. We know that the experimental method, navie method, weighted average and index forecasting are the basic forecasting methods. The only non-forecasting method is exponential smoothing with a trend.

Answer 2

which of the following is not a forecasting technique

Explanation:

• The non forecasting method is Hungarian method.
• Hungarian approach is used to assign unique jobs to unique human beings in order that the value of labor or the time required is minimized. It is carried out in numerous steps like:-  
• Determination of value matrix:

            If the wide variety of supply is = the wide variety of destination  

• Reduced Matrix:- Row discount and column discount.
• Feasibility checking