Forecasting methods that use historical demand to make a forecast are known as
A) qualitative forecasting methods.
B) time series forecasting methods.
C) causal forecasting methods.
D) simulation forecasting methods.
Answer: B
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What term refers to the study of individual tasks in an attempt to make them more relevant to the company and to the employee(s)?
a. position matching b. functional duties c. job design d. task conversion e. responsibility shift
Sam, the owner of a toy store, dies unexpectedly at the age of 56. His lifelong business associate, Paul, is appointed the administrator of the estate. Sam had a personal debt of $8,000 which he owed to Art's Appliance Store. Paul says to Art, "If there isn't enough money in the estate, I'll personally see that the bill is paid." Which of the following is correct?
A) The oral statement is enforceable because Paul is the administrator. B) An oral statement such as this is not enforceable because it is outside the statute of frauds. C) An oral statement such as this is not enforceable because this promise is within the statute of frauds. D) The oral statement is enforceable because it is a collateral promise.