Forecasting You are in charge of creating a forecast for an organization that manufactures laptops. The industry is very competitive and supplies have to be purchased far enough ahead of time so that there is no delay in the manufacturing process should the demand increase. 1. Which forecasting technique would you choose? 2. What are the steps in the forecasting process? 3. Why is it important to create a forecast for the correct period of time? 4. What happens when a forecast is created for 3 months when an organization needs an accurate forecast for 6 months? • Directions: Do not address the questions using a question-and-answer format. Add headlines to the main topics. • Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate. My textbook Operations Management fourteenth edition by William J.Stevenson• initial post should address all components of the question with 600 -700 words without reference or cover pages • reference should be APA style 7th edition • Write between 7-10 references including my textbook • Free of plagiarism and AI Content Use in text citation
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