Prompt:
This week you will be researching and writing on one of the most basic methods of forecasting: Judgmental Forecasting. After reading Chapter 3 in Chase (Overview of Forecasting Methods), access the three excellent resources on Judgmental Forecasting hyperlinked below. Use all three, for they each provide a different perspectives on the broad methodology of forecasting future demand using experience, insight, and business savvy. You may also want to search the internet for any additional resources that add to the lesson material in chapter 3. As the instructions advise in previous assignments, if you do add additional sources, do not use advertisements of any kind, including consultancies and software. Use the template attached to this assignment for your submission.
Judgmental Forecasting Resources:
- Forecasting Principles and Practices
- A Comparison of Judgmental Forecasting Techniques
- The Delphi Method
Instructions:
- Utilize the template attached below for this assignment, it has the sections already formatted for you to insert your findings by subject/question.