Delphi Method Notes: Definitions & Explanations PDF | Download eBooks
Study Delphi Method lecture notes PDF with supply chain management definitions and explanation to study “What is Delphi Method?”. Study delphi method explanation with SCM terms to review supply chain management course for online MBA programs.
Delphi Method Definition:
A forecasting technique using a group process that allows experts to make forecasts.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Delphi Method Notes:
The organizations use this method to get different results for forecasting process. In this the multiple round of questionnaires are sent to the expertise and they give answers anonymously and then shared with the each member of the group after every round. After that the suggestions from all collected and the thinking as a whole reaches towards the correct response with the help of consensus.
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