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Objective methods and their applications to forecast

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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: EM132772860

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