Post Utme Redeemers University 2019 General Studies Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Redeemers University General Studies examination.

Post Utme Redeemers University 2019 General Studies Objective / Multiple Choice
Question 39 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A company is considering the introduction of a new product. The company's marketing team has estimated that the demand for the product will be 100 units in the first year, 120 units in the second year, and 150 units in the third year. Which of the following demand forecasting methods would be most appropriate for this situation?

Answer Options

A. Moving Average Method
Correct Answer B. Exponential Smoothing Method
C. Regression Analysis
D. Causal Method
Correct Answer
B
Correct Option:
Exponential Smoothing Method

About This Question

This is Post Utme Redeemers University 2019 General Studies Question 39. It is one of the objective questions from the 2019 Post Utme Redeemers University General Studies examination.

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