Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 2 If the demand is highly correlated with certain specific factors ( e . g . , GDP , income, interest rates etc. )
Question
If the demand is highly correlated with certain specific factors eg GDP income, interest rates etc. which of the following forecasting method is better?
simulation forecasting methods.
time series forecasting methods.
qualitative forecasting methods.
causal forecasting methods.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started