Judgment methods may be the only practical way to make a forecast when A. there is a great deal of historical product data. B. t
here is no historical data due to a new product introduction. C. quantitative models have been performing particularly well in recent periods. D. the forecast made in the previous period had a MAPE of less than 10%.
B. there is no historical data due to a new product introduction.
Explanation:
Forecasting -
It is the process of predicting the future depending on the present and the past data via analyzing the trends of the data .
The judgement method is only practical for making a forecast , when the there is no data in the past , and hence , nothing can be predicted or assumed from the past .
Hence , from the question , the correct statement is B. there is no historical data due to a new product introduction .
The different environments of colonial North America contributed to a wide variety of
C. settlement patterns.
During the colonial era, settlers often preferred to reside near water sources and low, flat, and fertile land for crop production. Areas with mountainous terrain or harsh soils were often unsuccessful in supporting nourishment of large population’s daily life.
Social structure controls the behavior of the members of a society in different ways.
The structure of a society is what groups its members according to factors such as class, age and so on.
The members of each group in a social structure are expected to behave in a certain manner, Like in the social structure, children are subordinates and therefore are supposed to be adherent to their parents.
D) Periodically measure how the treatment is being implemented.
Explanation:
I would think this would be the best way to monitor data. When you periodically measure the data of the treatment being implemented you can monitor it better in my opinion.
