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Q. What common elements can you identify among (i) Baldridge criteria and (ii) Deming, Juran and Crosby ?
Answer. The Baldrige Criteria and assessment processes help organizations identify, understand, and manage the factors that determine their success. Baldrige is relevant for all types and .....NOT AVAILABLE IN SAMPLE...
Broadly, the following considerations are taken into account for the Deming Application Prize: The emphasis of examination..................
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Q How does a quantitative forecasting differ from a qualitative forecasting?
Answer. Qualitative forecasting techniques generally employ the judgment of experts to generate forecasts. A key advantage .......NOT AVAILABLE IN SAMPLE.........
Quantitative forecasting methods are used when historical data on variables of interest are available—these methods ...........NOT AVAILABLE IN SAMPLE.....................
Quantitative forecasting techniques are generally more ....................
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Q. What would be the considerations in the choice of forecasting methods?
Answer. There is no certainty in forecasting, no forecasting tool can guarantee the accuracy .............NOT AVAILABLE IN SAMPLE..................
The selection of the forecast method should be based on several criteria taking into account the applicability ...............
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Q. Discuss the concept of forecasting...FOR COMPLETE ANSWERS BUY THE HELP MATERIAL.....