Description
Looking at the organization for which you work, describe how forecasting demand is facilitated and what is being forecasted. Help us all also understand what forecasting factors (variables) affect the accuracy of forecasting and what factors (variables) cause errors.
If it helps deepen your understanding, talk to someone in your organization who is involved in forecasting demand, requirements, or materials. Search out what improves the accuracy of the forecasting model used and what detracts from accuracy.
inally, in a short two or three sentence summary, assess the quality the forecasting models in your organization. Also address what could be done to improve forecasting
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