Forecasting Forecasting Forecasting Business forecasting is the process of studying historical performance for the purpose of using the information gained to project future business conditions so that decisions can be made today that will assist in the achievement of certain goals. Forecasting involves taking historical date and using it to project future data with a.
Essay On Use Of The Forecast
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Forecast System Essay Preview: Forecast System Report this essay Forecast System 2.1 RUNNINGHEAD: FORECASTING SYSTEMS Forecasting Systems P.1 Forecasting System 2.1 What is Forecasting? Forecasting is the prediction of outcomes, trends, or expected future behavior of a business, industry sector, or the economy through the use of statistics. Forecasting is an operational research technique used.
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