Question: Please answer iii part only. i. Discuss the differences between the following qualitative forecasting methods: Human factors Personal opinions Hunches (intuition) ii. In what way(s)

Please answer iii part only. i. Discuss the

Please answer iii part only.

i. Discuss the differences between the following qualitative forecasting methods: Human factors Personal opinions Hunches (intuition) ii. In what way(s) are the above qualitative forecasting methods differing from the quantitative approaches? ii. If you were the manager of the Kent State University Bookstore on campus, would you consider using any of the three qualitative forecasting methods in (1) above to make a forecast about demand for the books and other merchandise in the bookstore? If your answer is yes, which of the three methods would you use? If you would not consider any of the three qualitative forecasting methods, explain why. What other options would you then consider and why

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