This is a slideshow presentation on forecasting

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Question Description

Competencies

Relate the seven key elements of designing a forecasting system.

Instructions

Your boss has asked you to speak at the quarterly board meeting based upon your success with operational forecasting.

Your job is to develop a PowerPoint presentation and oral narration that showcases forecasting skills and professional practice. The requirement is six slides that contain supportive notes per slides that integrate discussion points and strengthen the content on each slide. The expectation is two slides for strategic forecasting and production, two slides for the limitation of forecasting on labor models, and two slides on the features of job planning and the impact of forecasting. Lastly, you need to develop a one-page summary to submit to board members that reviews the impact operational forecasting can have on organizations and include two supportive references.


Please write supporting notes for each slide. I will have to use them to record audio for this presentation. Thanks

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Tutor Answer

shellyt
School: Rice University

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Forecasting System

Seven Key elements of Design a Forecasting
Program.


Understand what is forecasting and what it does not mean.



Now forecast the demand and plan for supply.



Corroborate, communicate and cooperate.



Evade the highlands of analysis



Use both quantitative and qualitative methods wisely.



Make it important by training developers to apprehend the implications of the poor
forecasts.



Measure, measure and measure.by use of multilevel measures and measure the
accuracy.

strategic forecasting and production,


Organizations utilize strategies to achieve their objectives, (Mohler, 2015).



One of the key components of an organization's activ...

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Anonymous
Top quality work from this guy! I'll be back!

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