Question:-
Which one of the following forecasting techniques is most suitable for making long range forecasts?
Option (A)
Time series analysis
Option (B)
Regression analysis
Option(C)
Exponential smoothing
Option(D)
Market Surveys
Correct Option:
(D)
Question Solution:
Method
forecasting
Range of
regression analysis
Medium range
short &
Time series analysis Short range
Market survey Long range
Delphi method Long range
Exponential smoothing Short range
question-answer-faq-8844