A1. Qualitative forecasting methods rely on subjective judgments and expert opinions, often derived from market research, surveys, or expert panels. These methods are useful when historical data is limited or unreliable, and they provide insights into emerging trends and customer preferences. Quantitative forecasting methods, on the other hand, utilise historical data and statistical techniques to predict future demand. These methods involve analysing past sales data, identifying patterns and trends, and extrapolating them to forecast future demand accurately.