Qualitative demand forecasting model

Reference no: EM131686473

This answer should be no more than five or six sentences.

What is the difference between a Qualitative Demand Forecasting Model and a Quantitative Demand Forecasting Model; and, when is it best to use a Qualitative Model and when is it best to use a Quantitative Model. Please give an example of each Model.

Reference no: EM131686473

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