For a medium-sized Canadian furniture manufacturing company the demand for recliner chairs is fairly stable, because the market for recliner chairs is fairly stable. Since there exists a comparatively high degree of certainty in the market, which of the following forecasting models would be an effective model for assessing the demand for labour for this company? Question 64 options: a simple model based on a future forecast a simple model based on an existing forecast a structural equation model a model based on an existing forecast