Inventory planning and control Question: Download Inventory planning and control PDF

Can you tell me what types of forecasting can you do?

Tweet Share WhatsApp

Answer:

There are two types of forecasting qualitative and quantitative. Qualitative uses personal opinions to determine forecasts. Quantitative uses numerical data and statistical modeling to determine forecasts.

Download Inventory planning and control PDF Read All 41 Inventory planning and control Questions
Previous QuestionNext Question
Tell me when should you take a physical inventory?How would forecasting help in controlling inventory?