Question: In which situation might judgmental forecasting be necessary? In which situation might judgmental forecasting be necessary? Forecasting well - established product sales. Forecasting seasonality. Forecasting

In which situation might judgmental forecasting be necessary?
In which situation might judgmental forecasting be necessary?
Forecasting well-established product sales.
Forecasting seasonality.
Forecasting medium term demand.
Forecasting sales of a new product with no historical data.

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