Explain the five steps of forecasting


Homework

Part I:

In 750 to 1000 words, identify and explain the five steps of forecasting, and then come up with an original example taken from your own professional experiences to illustrate these steps. Your response must be original. You must incorporate at least three reliable sources, both as references and corresponding in-text citations. APA format is expected.

Part II:

In 750 to 1000 words, explain qualitative and quantitative forecasting, and then come up with an original example of each taken from your own professional experiences to illustrate these two forecasting types. Your response must be original. You must incorporate at least three reliable sources, both as references and corresponding in-text citations. APA format is expected.

Part III:

In 750 to 1000 words, identify and explain the types of data patterns, and then come up with an original example of each (strive to make it based on your own professional experiences) to illustrate each data pattern type. Your response must be original. You must incorporate at least three reliable sources, both as references and corresponding in-text citations. APA format is expected.

Format your homework according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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