Glossary:Quantitative forecasting models

Quantitative forecasting models are used to estimate future demands as a function of past data. These methods are usually applied to short- or intermediate-range decisions, and they are applicable when past data is available, e.g. Autoregressive moving average (ARMA).

Further information

• Handbook on Data Quality - Assessment Methods and Tools

Related concepts

• Estimate
• Forecasting
• Qualitative forecasting method