26. Match the items of List–I with the items of List-II
List–I (Model Type (name)) | List-II (Description) |
(a) Delphi technique | 1. Causal quantitative model |
(b) Economic modelling | 2. Quantitative model (Naive) |
(c) Exponential Smoothing | 3. Qualitative model |
and select the code of correct matching with regard to forecasting models for operations:
27. In which one of the following situations, a product-oriented layout is appropriate?