Which forecasting methods are the simplest to implement and can serve as a good starting point for a demand forecast?
A) Qualitative forecasting methods
B) Time series forecasting methods
C) Causal forecasting methods
D) Simulation forecasting methods
E) none of the above

Question

Quizplus · Accepted Answer

Time series forecasting methods are often the simplest to implement as they rely on historical data patterns and trends, making them a good starting point for demand forecasting.

Which Forecasting Methods Are the Simplest to Implement and Can