Question

which of the following is not a survey method of demand forecasting

Answer 1

Answer:

Where is the options?

Explanation:

• Trend projection.

• Market research

• Sales force composite

• Delphi method

• Econometric

The above following are the methods of forecasting demand

Answer 2

The following is not a research method for predicting demand is:

• The correct answer is a barometric method.

• Demand forecasting is a field of forecasting analysis that seeks to understand and predict customer needs to improve corporate supply chain and business management decisions.

• Typically, a barometric forecast method is used by meteorologists in weather forecasting.

• Weather conditions are predicted on the basis of mercury flow on a barometer.

• Based on this concept, economists use economic indicators as a barometer to predict the whole process in business operations.