Why might a decision maker choose a qualitative forecasting method when extensive historical data are available?
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Why might a decision maker choose a qualitative forecasting method when extensive historical data are available?
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While quantitative forecasting methods which rely on historical data offer precise statistical outcomes there are several reasons why a decisionmaker ...View the full answer
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Related Book For
Operations And Supply Chain Management For MBAs
ISBN: 9781119355328
6th Edition
Authors: Jack R. Meredith, Scott M. Shafer
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