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Which of the following are quantitative forecasting methods? Regression analysis. The moving average method. Nave methods. O All of the above. Only a. and c.
Which of the following are quantitative forecasting methods? Regression analysis. The moving average method. Nave methods. O All of the above. Only a. and c. above. QUESTION 34 The limitations of quantitative forecasting methods include which of the following: They are virtually useless when data are scarce, such as at the opening of a new hotel, restaurant, or club. They are unable to consider unforeseeable occurrences, such as wars or acts of terrorism, and their impact on lodging properties. They rely on historical data and assume that historical trends will continue into the future. All of the above. Only a. and c. above. Which of the following are qualitative forecasting methods? Juries of executive opinion. O Econometrics. O Market research. O All of the above. Only a. and c. above. QUESTION 36 The qualitative forecasting technique uses key financial, marketing, and operations executives to estimate sales for the upcoming year. Generally, the person using this technique will provide the executives with expected economic conditions and changes in the establishment's services. The executives will then independently make their sales forecasts. The person using this technique will then reconcile differences among the executives' opinions. Please select the answer from the list below that best completes the first sentence of this question. Please select the answer from the list below that best completes the first sentence of this question. The exponential smoothing method. Jury of executive opinion. Econometrics. O Market research
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