Why might a decision maker choose a qualitative forecasting method when extensive historical data are available?

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Operations And Supply Chain Management For MBAs

ISBN: 9781119355328

6th Edition

Authors: Jack R. Meredith, Scott M. Shafer

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Question Posted: Jan 27, 2024 11:01 PM

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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

Operations And Supply Chain Management For MBAs

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