What is the difference between quantitative forecast and qualitative forecast?

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True or Flase: There are two types of forecasting qualitative and quantitative.
Posted by:
Abdou warshan
25-April-2015

Demand Forecasting Science

Question added by moses mangava
Date Posted: 2017/01/30

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by Mohammad Seraj , Supervisor, Procurement & Inventory@ , Canadian Medical Center KWT.

In general, qualitative forecasting is based on subjective opinions and insights, whereas quantitative forecasting is more focused on using historical demand data in statistical calculations to predict the future

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