Demand Forecasting
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Operations Management
Demand Forecasting
How demand forecasting shapes efficient supply chains and business profitability
27 Jan 2026
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Which of the following best explains when qualitative demand forecasting methods are preferred over quantitative methods?
When there is minimal historical data available, such as for new products or markets.
When there is abundant historical data and advanced analytical tools available.
When the goal is to use purely mathematical models without expert input.
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