The judgment methods of forecasting are to be used for purposes of
A) making adjustments to quantitative forecasts due to unusual circumstances.
B) making forecasts more variable.
C) avoiding the calculations necessary for quantitative forecasts.
D) forecasting seasonal demands in lieu of time series approaches.

Question

Quizplus · Accepted Answer

Judgment methods are often used to adjust quantitative forecasts when unusual circumstances arise that are not accounted for in the data.

The Judgment Methods of Forecasting Are to Be Used for Purposes