CIPS Exam L4M7 Topic 8 Question 58 Discussion

Actual exam question for CIPS's L4M7 exam

Question #: 58
Topic #: 8

[All L4M7 Questions]

Long-term forecasting of demand using a subjective method is based on a...

APredicted cash flow forecast levels used by the organisation

BMethod of calculating the price in detail within the supply chain

CQualitative, informal, experience-based, or intuitive method

DQuantitative, explicit, statistical, or formal method

Show Suggested Answer

Suggested Answer: C

by Tammy at May 02, 2025, 04:45 PM

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Murray

I believe it's important to consider both quantitative and qualitative factors in long-term forecasting.

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Blythe

1 days ago

I agree with Jamal, subjective forecasting relies on intuition and qualitative analysis.

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Jamal

15 days ago

I think long-term forecasting using a subjective method is based on qualitative and experienced-based methods.

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Annmarie

18 days ago

C is the way to go. Subjective forecasting is all about using expert judgment and gut feelings, not some fancy number-crunching.

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Tanesha

28 days ago

Haha, I bet the answer is D. Calculating the price in detail within the supply chain? That's got to be a trick question!

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Avery

1 months ago

Hmm, I'm not so sure. I was thinking B might be the right answer since it mentions a quantitative, statistical method. This is a tricky one!

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Rickie

7 days ago

But C also mentions experienced-based and intuitive methods, which could be useful in certain situations.

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Raina

16 days ago

I think B is the right answer too. It makes sense to use statistical methods for long-term forecasting.

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Veronique

1 months ago

I think the correct answer is C. Long-term forecasting using a subjective method is definitely a qualitative, experienced-based approach.

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Benedict

8 days ago

Predicting cash flow forecast levels can also be helpful in long-term forecasting.

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Geoffrey

15 days ago

I think it's important to consider both quantitative and qualitative methods when forecasting demand.

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Barrie

23 days ago

I agree, long-term forecasting with a subjective method is definitely more qualitative and experienced-based.

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