This topic contains a solution. Click here to go to the answer

Author Question: Qualitative forecasting methods are used when: a. historical data on the variable being forecast ... (Read 128 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Qualitative forecasting methods are used when:
 a. historical data on the variable being forecast are available.
  b. information on past values of the variable being measured is quantifiable.
  c. historical data on the variable being forecast are either unavailable or are not applicable.
  d. it is reasonable to assume that past is prologue.

Question 2

True or False When the purpose of sampling is to detect when a process becomes too variable, the chart of choice will be a c-chart.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloud

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

F





 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library