APICS Certified Supply Chain Professional (CSCP) — Question 353

Forecasting methods can be grouped into which of the following categories?

Answer options

• A. Seasonal, trend, and promotional events
• B. Moving average, exponential smoothing, and Holt-Winters
• C. Qualitative, extrinsic, and intrinsic
• D. Annual, monthly, and dally requirements

Correct answer: C

Explanation

The correct answer is C because forecasting methods are commonly categorized into qualitative, extrinsic, and intrinsic approaches, focusing on different data sources and methods. Options A, B, and D represent different aspects of forecasting but do not accurately reflect the main categories used in forecasting methodology.