What are a few qualitative forecasting benefits-drawbacks

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Assignment:

Questions:

1. What are a few qualitative forecasting benefits and drawbacks? If you were now the manager of one of the following hospitality products: a hotel, restaurant, or cruise ship, how would you need to use qualitative forecasting?

2. Consider yourself an employee of a casino. What kind of forecasting would be required for slot operations? in game tables? What kind of data from the hotel could you utilize to enhance these forecasts? What factors might affect these forecasts?

Reference no: EM133300358

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