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Barney took what he liked to call the shotgun approach to forecasting. Every period he tried a number of different forecasting approaches and at the
Barney took what he liked to call "the shotgun approach" to forecasting. Every period he tried a number of different forecasting approaches and at the end of the period he reviewed all of the forecasts to see which was the most accurate. The winner would be used for next period's forecast (but he still made forecasts all possible ways so he could use the system again for the following period). The more formal name for this technique is:
Select one:
A.
focus forecasting.
B.
post-hoc forecasting.
C.
shotgun forecasting. He is using the correct terminology.
D.
combination forecasting.
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