Instructions1. true or false. forecasting is as much an art as a science. true false2. (judgmental modeling) plays an important role in predicting the future since not every factor can be quantified. a. qualitativeb. quantitativec. bothd. neither3. true of false. the delphi method is a judgmental forecasting technique that uses decision makers, staff personnel, and respondents to determine a forecast. true false4. models that forecast using judgments, experience and qualitative and subjective data. a. qualitativeb. quantitativec. bothd. neither5. a component is a pattern of fluctuations in a time series above or below an average value that repeats at regular intervals. a.seasonalb. time-seriesc. trendd. cyclicale. random