A store has the following sales figures:
Year Sales (in millions of dollars)
1 10
2 5
3 8
4 15
1. What is its sales forecast for year 2 using the naïve method?
A 10
B 5
C 8
D 15
2. Which of the following forecasting methods uses top experts in the field?
A executive opinions
B the Delphi method
C sales force composites
D quantitative analysts
3. Which of the following is not a type of qualitative forecasting?
A. sales force estimation
B. moving average method
C. the Delphi method
D. jury of executive opinions