When quantitative data unavailable; used to alter quant. results--> contextual knowledge; adjusting the historical file to discount the impact of one time events;

  • Salesforce estimates - compiled from estimates of future demands made periodically by members of a company's salesforce; individual bias can taint the forecast;
  • Executive opinion - opinions, experience, tech knowledge of one or more managers are summarized to arrive at a single forecast
  • Market research - systematic approach to determine external customers interest in the service or product, by creating and testing hypotheses through data gathering surveys
  • Delhi method - a process of gaining a consensus from a group of experts while maintaining their anonymity

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