Benefits of qualitative forecast over quantitative forecasts

Assignment Help Operation Management

Reference no: EM132304441

1. Broad consultation with other members of the organisation, from team members to senior management is a good way to contribute to the success of operational planning. When, in the planning cycle, should it be carried out? What outcomes would you hope to achieve from this process?

2. What are the benefits of qualitative forecasts over quantitative forecasts? Give an example of a qualitative forecast produced by a business.

3. Many businesses are emphasizing or are adopting trends such as “Greening” the supply chain, reevaluating outsourcing, integrating IT, and so on. Identify an organization and describe recent trends in possible future strategies and/or trends in location.

Reference no: EM132304441

Questions Cloud

What is objection to the practice of extraordinary rendition : What is the objection to the practice of "extraordinary rendition?" Should interrogation rules and practices for terrorism suspects be any different.

Identify the type of program that would resolve the problem : Identify the type of program that would resolve the problem. Describe the processes used to identify the problem in the case study.

Explain how the triple constraints of scope-schedule : Explain how the triple constraints of scope, schedule, and cost play an integral role in managing a successful project.

Explain what is meant by the term critical infrastructure : Explain what is meant by the term "critical infrastructure." Provide three examples of critical infrastructure that may be susceptible to a terror attack.

Benefits of qualitative forecast over quantitative forecasts : What are the benefits of qualitative forecasts over quantitative forecasts? Give an example of a qualitative forecast produced by a business.

Demonstrate significant understanding of the industry : What is the contribution of the industry in countrys GDP - What is the industry (business) and its about - How much is the market share of the company

Describe a type of email threat : In no less than 250 words, describe a type of email threat and how a hacker can use it to get sensitive information.

What did the defendant say when he put the gun in your face : "What did the defendant say when he put the gun in your face?" "What did Mary tell you she saw?" (Mary is not a witness or defendant in the case.)

Research and analyse new trends impacting global businesses : HC3031 Trends in the Global Business Environment Assignment - Group Report and Power point presentations, Holmes Institute, Australia

User Account

All Pages