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The forecasting methods that will be compared and contrasted within this paper are the Delphi method (which is an example of qualitative), time series analysis, seasonal, and causal relationship forecasting.
The Delphi method is a judgmental forecasting method, which uses the evaluation of several experts within the field that is being analyzed to forecast company sales. The process starts by contacting several experts and asking them to participate in the study of the company. When multiple experts agree to join in the research, the company's material is sent to each specialist to evaluate, and are asked to send the findings and materials back to the company with suggestions and predictions attached...
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