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When making forecasting decisions, why is it essential for analysts to go beyond historical data and engage in qualitative discussions with other members of the
When making forecasting decisions, why is it essential for analysts to go beyond historical data and engage in qualitative discussions with other members of the organization, such as in Sales and Operations Planning S&OP meetings?
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Qualitative discussions help build team morale but have little impact on forecasting accuracy.
Historical data may not capture future market dynamics or emerging trends.
Historical data alone provides all the necessary insights for accurate forecasting.
S&OP meetings primarily focus on operational efficiency and do not provide valuable insights for forecasting decisions.
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