Describe similarity of subjective and objective forecasting

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Reference no: EM13820625

Business

In a three- to four-page paper (not including the title and reference pages), analyze the two alternative perspectives on forecasting. Be sure to include the following:

• A description of the subjective and objective methods and their applications to the forecast.

• A description of a procedure to evaluate the effectiveness of a particular method's output/predictions.

• A description of the similarities and differences of subjective and objective forecasting.

• A description of the methods of application or use of forecasts to support production. Be sure to address how the deliverables relate to production.

Reference no: EM13820625

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