Forecasting

Identify the major differences between qualitative and quantitative forecasting.

From your point of view which of these is a better forecasting method? Provide an example to illustrate your argument.

DB POSTING REMINDERS:

• Please remember the initial post should be written as early in the week as possible, and the peer responses are due by Saturday evening.
• Be sure to reference your eText or other research to support your response. You will be graded on how you relate the class readings to your initial post.
• When you make your initial post, please fully answer the question and make substantive responses - i.e. at least 200 words that really dive into the topic and show that you've read in your texts and done research to support your opinions.
• Apply appropriate examples that illustrate your points - feel free to bring your workplace experiences into the discussion. It helps us all learn when we can relate our past workplace experiences to what we're learning here in the discussions.
• You must reply substantively (at least 50 words that welcomes further discussion) at least twice to your classmates and/or your instructor.