Author Question: If managers base their sales forecasts on sales data from the past five years, they are using the ... (Read 97 times)

jjjetplane · **on:** Jul 21, 2018

If managers base their sales forecasts on sales data from the past five years, they are using
the forecasting technique known as

a. critical path
b. Delphi technique
c. PERT
d. sensitivity analysis
e. time-series

Question 2

Which of the following is characteristic of quantitative planning methods?

a. The techniques are so powerful that they have become an end in themselves.
b. They are able to accurately reflect complex processes such as human behavior.
c. They help overcome resistance to change.
d. They often force managers to lo ok beyond their biases.
e. They are valuable to managers because they eliminate the need for qualitative
planning techniques.