I don’t understand this Management question and need help to study.
#1 please include references
Respond to the following in a minimum of 175 words:
- How has the development of the internet affected the way companies forecast in support of their supply chain planning process?
- Provide an example of a successful or unsuccessful forecast
- Discussion 2 below.
- Why is it important for firms to focus on forecasting models?
- Compare and contrast the various types of forecasting models.