Discussion Post: Production Management
Organizational production processes may sometimes not have exact numbers for the raw materials needed for production processes. Therefore, they must engage in forecasting.
• What is forecasting, and why does it matter in production management?
• Discuss the following two forecasting methods in production management------Simulation and Moving Averages.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.