Business
In a three- to four-page paper (not including the title and reference pages), 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.