Question: (a) In about 5 lines explain h ow associative methods of forecasting differ from Time series methods of forecasting. (b) Which one would you use

  • (a) In about 5 lines explain how associative methods of forecasting differ from Time series methods of forecasting. (b) Which one would you use to explain how the demand for pork might affect the demand for beef?
  • What all does Hard Rock Cafs Point of Sale (POS) system capture? At what level is the information aggregated?
  • (a) In about 5 lines, discuss the key differences between Time Series method of forecasting and Qualitative Methods of forecasting. (b) Name 3 methods of forecasting under each method.

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