The mixed approach to forecasting includes the ______________ and _______________ approaches.

Question

Quizplus · Accepted Answer

The mixed approach to forecasting involves a combination of both the judgmental and quantitative approaches. Judgmental forecasting relies on expert opinions and insights, while quantitative forecasting uses mathematical models and data analysis to make predictions. Combining these two approaches can lead to more accurate and reliable forecasts. Option A, B, and D are incorrect because they do not reflect the correct combination of approaches involved in the mixed approach to forecasting.

The Mixed Approach to Forecasting Includes the ______________ and _______________

The Mixed Approach to Forecasting Includes the and _