Forecast determination a company is considering what forecasting
FORECAST DETERMINATIONA company is considering what forecasting method to use for coming time periods. The company has used something of a qualitative (consensus-based) forecasting method in the past, and wants to know if a more formal, quantitative forecasting method would be appropriate for them. Consider the following data from recent time periods:Time PeriodForecastActual DemandThree quarters ago225230Two quarters ago240270Last quarter275295This quarterYou will determine?Briefly address each […]