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Computer-based forecasting packages handle forecasting

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Reference no: EM132843436

1. What are the advantages of having computer-based forecasting packages handle forecasting?

2. What are the differences between using linear regression to develop a time series forecasting model and a causal forecasting model?

3. Are highly experienced managers able to forecast equally or better than computers using heuristics?

4. Given your response to the previous question, what are the implications for the role of managers and computers in forecasting?

Reference no: EM132843436

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