Question

Demand forecasting that relies on subjective human inputs and judgments is called

a. qualitative forecasting
b. quantitative forecasting
c. either qualitative and quantitative forecasting
d. naïve approach forecasting
e. exponential Smoothing

Answer 1

Demand forecasting that relies on subjective inputs is called qualitative forecasting. The number of times per week is quantitative discrete data, and the duration is quantitative continuous data. Qualitative methods are used in social sciences for studying human behavior.

Step-by-step explanation:

Demand forecasting that relies on subjective human inputs and judgments is called qualitative forecasting. Qualitative forecasting methods are employed when there is a lack of historical numerical data or when future forecasts rely more on expert opinions, market research, and other subjective factors.

Regarding the other questions presented:

• Number of times per week would be classified as quantitative discrete data because it represents a countable number of occurrences.
• Duration (amount of time) is an example of quantitative continuous data as it can take on any value within a given range and can be measured to any desired level of precision.

In the field of social sciences, qualitative assessments are indeed common because they help to study society and human behavior, offering insights that quantitative data may not fully capture.