The delphi method used for forecasting

Assignment Help Business Economics
Reference no: EM13744060

The Delphi method used for forecasting:

a) obtains forecasts through a comparative analysis with a previous situation.

b) uses measures that are believed to influence the behavior of a variable that the researcher wishes to forecast.

c) uses a single measure that weights multiple indicators and provides a measure of overall expectation.

d) uses a panel of experts, whose identities are typically kept confidential from one another, to respond to a sequence of questionnaires.

Reference no: EM13744060

Questions Cloud

What effect will the tax have on business fixed investment : Suppose that the government levies a tax on oil companies equal to a proportion of the value of the company’s oil reserves. (The government assures the firms that the tax is for one time only.) According to the neoclassical model, what effect will th..
Models such as moving average-exponential smoothing : Models such as moving average, exponential smoothing, and linear trend use only:
What is a stream of historical data known as : What is a stream of historical data known as?
Analyze the development of t2d in the us : Analyze the development of T2D in the U.S., and compare its development to developing countries in general
The delphi method used for forecasting : The Delphi method used for forecasting:
Consider a monopolistically competitive market : Monopolistic Competition- Consider a monopolistically competitive market with N firms. The following equations describe the demand, marginal revenue and cost for each firm.
How communication effects behavior : How Communication Effects Behavior. examine the major effects that an employee not following a company's social media policy can have on the employer and the employee. Give two examples of the impact and consequences of an employee not following a..
Forecasting models can be divided into three groups : Forecasting models can be divided into three groups
Science and technology : Many people and experts feel that there is a strong link and dependency between science and technology. It is arguable that one can exist without the other. Explain in detail and provide your perspective with practical examples of why you feel there ..

Reviews

Write a Review

Business Economics Questions & Answers

  What is the standard deviation of the number of calls made

Is this an example of a discrete or continuous probability distribution? (c) What is the mean number of emergency calls per day? (d) What is the standard deviation of the number of calls made daily?

  What is the impact of free trade on domestic job creation

What is the impact of free trade on domestic job creation policy? Elaborate with examples. What are the impacts of outsourcing and off-shoring on trade liberalization (globalization) and economic structure?

  Explain why do we consider a business-cycle expansion

Explain why do we consider a business-cycle expansion different from long-run economic growth. Why do we care about the size of the long run growth rate of real GDP versus the size of the growth rate of the population.

  Analyze trends and forecast direction of business cycle

What part of the business cycle is the U. S. economy currently in? Evaluate your answer using three economic indicators. Analyze the trends and forecast the direction of the business cycle in the next six months using your economic indicators.

  Review the discussion board posts of your classmates

Classmates and comment on their descriptions of the circular flow diagram and factors of production. Discuss how circular flow relates to current economic situations.

  The demand curve perceived by a perfectly competitive firm

Which of the following can be thought of as an adjustment for the risks involved with respect to the cost of a firm acquiring financial capital? If a firm is producing so that the point chosen along the production possibility frontier is socially pre..

  Q1 the project management role has several responsibilities

q1. the project management role has several responsibilities in the area of scope. which of the following represent

  Demand and supply of certain resources in australia

individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry.

  Seller suspects you have an elastic demand

when buying a car the seller suspects you have an ELASTIC demand

  Provided by the forecasting team indicates demand forecast

HMK is a handbag making company. They have a forecasting team which provides them thedemand forecast for their product. The report provided by the forecasting team indicates the demand forecast for the next 6 months. It takes a handbag maker 15 minut..

  What are the market equilibrium price and quantity

What are the market equilibrium price and quantity? What is the effect of a price ceiling of 16? What is the effect of a price floor of 24? What would happen (compared to 3a above) to the market equilibrium price and quantity, to the demand curve, an..

  What should be the salvage value of project at the end

If your analysis period (study period) is just three years, what should be the salvage value of project A2 at the end of year 3 to make the two alternatives economically indifferent?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd