The most suitable method for forecasting the demand for a brand new product is
The most suitable method for forecasting the demand for a brand new product is Delphi method.
The Delphi method (/ d lfa / del-fy) is a structured communication technique, originally developed as a systematic, [ interactive forecasting method which relies on a panel of experts. The experts answer questionnaires in two or more rounds. After each round, a facilitator provides an
anonymous summary of the experts’ forecasts from the previous round as well as the reasons they provided for their judgments.
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