In 2015, a marketing manager for New Balance's Minimus shoe needs to forecast sales through 2017. She begins with the known totals for 2014 and adjusts for positive factors like acceptance of new high-tech designs and great publicity, and for negative factors like the slow economy and predicted moves by the competition. This type of forecast is referred to as
A trend extrapolation.
B direct forecasting.
C lost-horse forecasting.
D linear trend forecasting.
D a survey of buyers' intentions.
Answer: C lost-horse forecasting.