This week we learned about forecasting, various methods to approach forecasting and its use as a...

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This week we learned about forecasting, various methods to approach forecasting and its use as a tool in management decisions. Reflecting back to the lecture and your readings, answer the following prompts: Explain in your own words if you feel that forecasting is/is not an approach that is nearing an exact science. Describe what forecasting model did you most appreciate and how you can see using it in your workplace. - De you think that the quantitative or qualitative approach, or both, are most precise? Explain why. This week we learned about forecasting, various methods to approach forecasting and its use as a tool in management decisions. Reflecting back to the lecture and your readings, answer the following prompts: Explain in your own words if you feel that forecasting is/is not an approach that is nearing an exact science. Describe what forecasting model did you most appreciate and how you can see using it in your workplace. - De you think that the quantitative or qualitative approach, or both, are most precise? Explain why.