Question:-
Which one of the following is a qualitative technique of demand forecasting ?
Option (A)
Correlation and regression analysis
Option (B)
Moving average method
Option(C)
Delphi technique
Option(D)
Exponential smoothing
Correct Option:
(C)
Question Solution:
Delphi is a technique in which experts from different department sit together and arise at forecasted value.
No mathematical tool is used for forecast the expected demand.
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