Assignment:
Write Reflective analysis that is a two page paper on forecasting using quantitative and qualitative techniques and procedures that are most appropriate for a scenario of your choice.
Begin this paper with an introduction.
From your perspective, in the analysis section of this paper explain forecasting as it pertains to an example you have selected (from your personal or professional experience).
Explain in three to five paragraphs if your forecast would require quantitative or qualitative analysis and explain why.
End this paper with a conclusion.
Be sure to critically evaluate the merits and shortcomings of techniques and procedures. You should provide adequate definitions, explain the pros and cons of your chosen methods and assess the validity of either quantitative or qualitative methods, and discuss the role of each method. This paper is reflective, so just explain your opinion based upon what you have learned to date. Don't forget this to be submitted using APA style.
Create a Two Page paper on forecasting using quantitative and qualitative techniques and procedures that are most appropriate for a scenario of your choice.
The (that listed below) book covers numerous quantitative and qualitative methods, but as you learned, all methods are not used in all situations. You also learned that often a combination of the two methods leads to a better predictive model or outcome. Select one qualitative and one quantitative method and provide a scenario of when and how these methods would be used. Critically evaluate the merits and shortcomings of techniques and procedures.
You should provide adequate definitions, explain the pros and cons of your chosen methods, assess the validity of each approach, and discuss the role of each method.
This assignment is designed to help you become familiar with the different qualitative and quantitative approaches to forecasting as well as how to write a paper.
This paper is to be submitted using APA style in the following format:
* Introduction (or "Statement of the Problem")
* Analysis (or "Research Findings")
* Conclusions ("or what I think should be done based upon my research")
* Bibliography ("Sources of the research")
Reference- Slack, N., Brandon-Jones, A., & Johnston, R. (2013). Operations Management (7th ed.). Harlow:
Attachment:- instruction.rar