Quiz Part 3 Flashcards
1
Q
based on the experience of the manager as to market demand
A
Executive Opinion
2
Q
based on the knowledge of the sales staff with regard to market demand
A
Sales-force Opinion
3
Q
feedback of a customer with regard to the demand of a product
A
Consumer Survey
4
Q
the opinions of managers, sales staff, consultants, and customers
A
Delphi Method
5
Q
computes the average of the recent actual demand for a product
A
Simple Moving Average
6
Q
is a method that assigns a weight to the recent actual demand for a product
A
Weighted Moving Average
7
Q
this method is based on past forecasts and a margin of error
A
Exponential Smoothing
8
Q
it is based in statistical tools that use-dependent and independent variables
A
Line Regression
