Judgment methods of forecasting are quantitative methods that use historical data on independent variables to predict demand.

Name: Judgment methods of forecasting are quantitative methods that use historical data on independent variables to predict demand.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

Judgment methods of forecasting rely on expert opinions or subjective inputs rather than historical data. They include methods like market research, surveys, and Delphi technique.

Judgment Methods of Forecasting Are Quantitative Methods That Use Historical