Question

which of the following forecasting methods conceals the identity of participants to eliminate intimidation by higher-ranking...

which of the following forecasting methods conceals the identity of participants to eliminate intimidation by higher-ranking staffs that may occur in panel consensus?

a. weighted moving average

b. historical analogy

c. simple moving average

d. time series analysis

e. delphi method

Business   Operations-Management   
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Homework Answers

Answer #1

Correct Answer - Delphi Method

Explanation -

Delphi method is the forecasting method in which multiple questionnaire are sent to panel of experts and anonymous responses are aggregated so that intimidation of higher ranking staff can be eliminated.

Hence,

Delphi method is the correct answer.

Weighted moving average, simple moving average and time series analysis are based on the past data and hence, no intimidation is possible.

Historical analogy is also based on the past data.

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