Reference no: EM132027

Quantitative analysis decision making

Question 1- Explain the advantages and disadvantages of two Time-Series Analyses. Present examples of where the advantage and disadvantage might occur in your workplace. What role does Time Series play in forecasting?

Question 2- Search the Internet and the articles database in the library for a real-life example of forecasting of interest to you. For a hint, type the word "forecasting" followed by a topic of interest to you. Carefully read the search item to understand the context, forecasting methods used, complexities involved the forecast accuracy, and related issues. Alternatively, if you have access at work; find out more about your company's forecasting system.