WDW101Y1 Lecture Notes - Lecture 4: Nominal Group Technique, Shyness, Trend Analysis

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The qualitative and quantitative forecasting technique: demand- how many of people we need, we consulting with senior managers- expert forecasting, ask opinions: Status differences- can be a barrier to communicate to group of experts. Group think- no one wants to disagree with other people, everyone want to be in same page: delphi technique. The member of delphi group, the expert you consulting with, never meet face to face, in fact they don"t know who else in the group. The whole thing is done through technology; email. Heading for a consensus: nominal group technique (exam) Experts are advise as to the topic and questions to be discussed. Keep working your ways- focus on each individual idea. The textbook talk about use it for the brainstorming: trend analysis- quantitative techniques, number of staff, forecasting demand. Historical data for the past three years and our forecast sale for future (learn for exam)

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