Johnson Plumbing Supply supplies everything a plumber needs to install bathrooms, kitchens and outside faucets for a home. The owner of the plumbing supply house sees a relationship between its sale of PVC (plastic) pipe and both housing starts and the average age of houses in its region of the country. Given this relationship, what sales forecasting technique will Johnson Plumbing be most likely to use?
A. The Delphi technique
B. Sales force composite
C. Buyers' intentions
D. Time series analysis
E. Statistical demand analysis
Ans: E. Statistical demand analysis
Business
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