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Exam CSCP topic 1 question 128 discussion

Actual exam question from APICS's CSCP
Question #: 128
Topic #: 1
[All CSCP Questions]

Using new housing construction data as a predictor of construction equipment sales is an example of what type of forecasting method?

  • A. Causal
  • B. Time series
  • C. Judgement
  • D. Market survey
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️
by 3kittens at Feb. 24, 2022, 1:31 a.m.

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3kittens
Highly Voted 2 years, 2 months ago
A. Casual
upvoted 5 times
Nowaz
2 years, 2 months ago
Correct. Causal is another term for associative forecasting
upvoted 2 times
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yassernaga
Most Recent 2 weeks, 6 days ago
D: since it is a new housing so there is no historical data so need a market survey
upvoted 1 times
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Rajiv8047
1 month ago
Selected Answer: A
Causal forecasting methods involve identifying and using key factors or variables that are believed to influence the variable being forecasted
upvoted 1 times
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Wild3d
1 year ago
Selected Answer: A
The answer should be A. A market survey is gathering information from the market. -> direct demand Causal forecasting is deriving demand from different variables. In this example, it is the insights gained from the data.
upvoted 2 times
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INTelligenT11
1 year, 3 months ago
Selected Answer: D
I think it is D, Market survey they are studying new home sales construction data which is kind of market survey
upvoted 1 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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