An industry in which the last item measures more or includes a more noteworthy volume than the data sources refers to the bulk gaining industry.
Examples of these industries are:
(1)Fabricated metals-industrial facility unites metals, for example, steel and beforehand fabricated parts and changes them into a more mind boggling item.
(2)Beverage production-exhaust jars or jugs are conveyed to the bottler, filled, and after that sent to customers. Important info set in holders is water, which is for the most part massive, substantial, and costly to transport.
Answer: TRUE
Explanation: Qualitative forecasting method are mostly based on survey polls, opinions of expert, etc.
While Quantitative deals with measurable numerical qualities, the qualitative deals with observation and opinions.
Qualitative forecasting method is a forecasting method that favours the intuitions and opinions of experts over numeric historic data. While the numeric data analysis will show that increase in production will lead to increase in sales for the coming year in a tobacco company , the experienced sales managers will let the company know that due to the recent law enforced by the government, there will be low sales in the following year. This will allow the company to either reduce their production rate or stay on the same production rate but not increase production.
Great question! One would surround a castle with water for protection of their fortress or castle to keep it safe from anyone/anything trying to get in.
Mainland Greece is a mountainous land almost completely surrounded by the Mediterranean Sea. Greece has more than 1400 islands. The country has mild winters and long, hot and dry summers.
