Question: 1. In which cases do you need qualitative forecasting? Explain different types of qualitative forecasting in detail. 2. Discuss the effect of inaccurate forecasting in

1. In which cases do you need qualitative

1. In which cases do you need qualitative forecasting? Explain different types of qualitative forecasting in detail. 2. Discuss the effect of inaccurate forecasting in any business organization. 3. What do you mean by value addition? Explain with example. 4. What is Feedback control system in the transformation process? Explain with suitable example. 5. What are the typical operation decisions involve that can have impact on cost or profit? Explain

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