Forecasting methods that use historical demand to make a forecast are known as

A) qualitative forecasting methods.
B) time series forecasting methods.
C) causal forecasting methods.
D) simulation forecasting methods.

Time Series Forecasting Methods

Statistical techniques used to analyze time-ordered data points in order to predict future values based on past trends and patterns.

Qualitative Forecasting Methods

Forecasting techniques based on judgment and opinion, rather than mathematical models, often used when precise data is unavailable.

Causal Forecasting Methods

Techniques that predict future events based on identified relationships between dependent and independent variables, taking into account factors that cause variations in data.