Question: 1. What is Forecasting and why is it important to an Organization? 2. In what ways is Forecasting useful in projecting Future Time Horizons in

1. What is Forecasting and why is it important to an Organization? 2. In what ways is Forecasting useful in projecting Future Time Horizons in the Product Life Cycle? 3. What is meant by Demand Forecasting? a. Explain each way that Demand Forecasting can influence and Organization's decisions? 4. In what ways does Quality improve profitability for an Organization? 5. What are the three implications of Poor Quality? a. Describe each implication

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