Qualitative forecasting techniques generally employ the judgment of experts to generate forecasts. A key advantage of these procedures is that they can be applied in situations where historical data are simply not available.uantitative forecasting methods are used when historical data on variables of interest are availableâthese methods are based on an analysis of historical data concerning the time series of the specific variable of interest.
Benidorm s Gran Hotel Bali is Spain s tallest building By: ThinkSpain, Monday, February 14, 2005. Benidorm s Gran Bali Hotel is currently Spain s tallest building. With 52 floors, 776 rooms, it measures 186m (210m including the telecommunication mast on top), and can cater for up to a maximum of 1,200 guests.
A race for the tallest building. For Walter P. Chrysler, from the car manufacturer, building the tallest building in the world was a status symbol. The Chrysler Building was in a race with the Bank of Manhattan (now 40 Wall Street) for obtaining the title of tallest building in the world. It looked like the Bank of Manhattan would win the race, with an expected height of 282 meters (927ft) to around 230 meters for the Chrysler Building.