Asked by Paula marques on May 02, 2024

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When a commercial janitorial service company predicts demand for its services using commercial building permits issued,office leasing and vacancy rates,this is an example of:

A) a repetitive pattern modeling tool.
B) a time series forecasting technique.
C) a deterministic model.
D) a causal model.
E) a qualitative forecasting technique.

Causal Model

A conceptual model that describes the causal mechanisms and relationships between variables within a system.

Deterministic Model

A mathematical model in which outcomes are fully determined by parameter values and initial conditions, with no randomness involved.

Janitorial Service

A business or service that provides cleaning and maintenance for buildings, offices, and residential complexes.

  • Master the balancing of assorted costs to identify the most favorable purchasing volume and schedule.
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Antwan lucasMay 08, 2024
Final Answer :
D
Explanation :
The commercial janitorial service company is using causal modeling technique where it is predicting demand based on the causal relationship between commercial building permits issued, office leasing, and vacancy rates.