shanee

Can anybody help me in distinguishing the Quantitative, Technological and Judgmental forecasting?

The forecasting is the main part in management. I have an assignment and need to know the details about it.
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rehmet
"Technological forecasting methods: a) Have a medium-to-long time horizon b) Require a medium-to-long time c) Have medium development costs d) Are of medium accuracy in identifying patterns e) Are of medium accuracy in predicting turning points f) Are easily understood."
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netii
"Quantitative forecasting methods: a) Have a short-to-medium time horizon b) Require a short period of time if a method is developed c) Often have high development costs d) Are high in accuracy in identifying patterns e) Are low in accuracy in predicting turning points for time series, but medium for other methods. f) Are difficult to understand"
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