Question: Qualitative Time series analysis Causal forecasting Simulation Based on the idea that data relating to past demand can be used to predict Techniques that use
Qualitative
Time series analysis
Causal forecasting
Simulation
Based on the idea that data relating to past demand can be used to predict
Techniques that use managerial judgment. future demand.
These models allow the forecaster to run through a range of assumptions
Assumes that demand is related to some underlying factor or factors in the about the condition of the forecast. environment.
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