Which of the following is true of the forecasting approach for staple merchandise categories?
A. Forecasts are typically based on extrapolating historical sales.
B. Buyers need to find out what customers are going to want in the future.
C. Buyers for these categories conduct focus group studies to find out consumers' opinions.
D. Buyers for these categories depend upon category sales forecasts which vendors provide.
E. Buyers for these categories rely heavily upon forecast services.
Answer: A
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Answer the following statement true (T) or false (F)
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