What are three careers in operations management? - ProProfs Discuss
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What are three careers in operations management?

Asked by Wyatt Williams, Last updated: Apr 06, 2024

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M. Krasinski

M. Krasinski

M. Krasinski
M. Krasinski, Content Writer, Columbus

Answered Mar 27, 2019

Qualitative forecasting is the process wherein you would use your expert judgment in order to come up with an assumption or a solution instead of using numerical data and analysis. This is a process that is normally used by analysts whenever they would like to predict the potential outcome of a certain project.

Based on the given choices, letter E is not a type of qualitative forecasting. In order to know the moving average, you would need to use numerical data and the answer that you will get is exact. Forecasting means that you are going to make predictions. The answers do not have to be exact.

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Wyatt Williams

Wyatt Williams

Wyatt Williams
Wyatt Williams

Answered Mar 06, 2018

Moving average
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