What should the vice president do to reduce this error

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Reference no: EM133300520

Assignment:

Answer the following question with tatatimken company limited case study:

Assuming that the January sales for the next year turns out to be 105 crore, find out the vice president's forecast error. If the error is large, what factors might have contributed to the same?

What should the vice president do to reduce this error? Provide a schedule for updating the system as per your above suggestions.

Reference no: EM133300520

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