The Delphi technique is a method of quantitative forecasting.

Delphi Technique

A forecasting method that relies on a panel of experts answering questionnaires in two or more rounds to reach a consensus on the predictions for future events.

Comprehend the methods for equilibrating different expenses to determine the ideal amount and timing for purchases.

Verified Answer

NEREYDA TERRONES QUINTANAJul 15, 2024

Final Answer :

False

Explanation :

The Delphi technique is a qualitative forecasting method that relies on the consensus of experts.

Learning Objectives

Comprehend the methods for equilibrating different expenses to determine the ideal amount and timing for purchases.

The Delphi technique is a method of quantitative forecasting.

Definitions

Learning Objectives

Learning Objectives

Related questions