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Which type of forecasting approach qualitative or quantitative is better 18 Suppose a software producer is about to release a new version of its popular software What information do

 Which type of forecasting approach, qualitative or quantitative, is better?

18.         Suppose a software producer is about to release a new version of its popular software. What infor- mation do you think it would take into account in forecasting initial sales?

19.         Choose the type of forecasting technique (survey, Delphi, averaging, seasonal, naive, trend, or asso- ciative) that would be most appropriate for predicting

a.    Demand for Mother’s Day greeting cards.

b.   Popularity of a new television series.

c.    Demand for vacations on the moon.

d.   The impact a price increase of 10 percent would have on sales of orange marmalade.

e.    Demand for toothpaste in a particular supermarket.

Aug 10 2020 View more View Less

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