Judgemental Forecasting and Delphi Method Quiz

A method of forecasting based on judgmental and intuitive inputs

A machine learning algorithm for demand forecasting

A systematic and qualitative method of forecasting by collecting opinions from a group of experts through several rounds of questions (correct)

A statistical forecasting technique based on historical data analysis

When historical data is abundant and reliable

When there is a complete lack of historical data (correct)

When the market conditions remain consistent

When machine learning algorithms are not available

The use of data and algorithms to imitate the way that humans learn (correct)

Forecasting based on expert opinions

Manual input and analysis of historical data

Qualitative methods for demand forecasting

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