Overview
Instructions
The summary should be approximately 250 words. Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.
DQ 1
Describe the different forecasting methods and provide an example of when each is most applicable.
DQ 2
Assessment Description
Imagine you work for a breakfast cereal company that makes prepared products that are served cold. Your company wants to introduce a new hot breakfast cereal that would require some minimal preparation by the consumer. How would you propose forecasting initial demand for this product? Identify one quantitative and one qualitative technique. How do the techniques complement each other?