Uses of qualitative-time series and casual forecasts

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A. Describe the uses of qualitative, time series, and casual forecasts

B. What type of time series components would you expect for the following products and services? Provide your rationale along with your selection.

Monthly sales of a retail florist

  • Monthly sales of milk in a Supermarket
  • Daily demand for telephone calls
  • Monthly demand for newspapers

Reference no: EM131041115

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