Please, answer these question in details and examples about the role Forecasting plays. Demand Planning, Sales and Operations Planning, and even budgeting are most forecasting systems.
1- What were the strengths and weaknesses of their forecasting system.
2- Do you believe the weaknesses can ever be overcome? If so how? If not, why not.
The issues could be but not limited to management, corporate culture, or the nature of what is being forecast.