Which of the following is a major drawback of the Jury of Executive Opinion method in demand forecasting? A. It is a slow process B. It cannot generate short-term forecasts C. It i... Which of the following is a major drawback of the Jury of Executive Opinion method in demand forecasting? A. It is a slow process B. It cannot generate short-term forecasts C. It is prone to biases and lacks reliability D. It depends on historical data. What does market demand analysis involve? A. Assessing the political climate of the region B. Estimating the number of competitors in the market C. Predicting the weather patterns D. Analyzing consumer behavior and preferences. Which of the following is a factor considered in market demand analysis? A. Plant capacity B. Raw material availability C. Customer preferences D. Land topography. Why are studying raw materials and supplies important? A. To determine the company's annual holiday schedule B. To ensure the availability of necessary inputs for production C. To design the company logo D. To organize team-building activities. __________ is a method of demand analysis that rely on judgments of experts to translate qualitative information into quantitative techniques. A. Qualitative estimates B. Time series projection techniques C. All D. None. Read more