Describe in detail four forecasting techniques and identify which one you feel is the most appropriate. Please elaborate on the specific reasons as to why you think your selected forecasting technique is better relative to the other three. Your answer needs to be based on theory (i.e., statistical and economic significance) that was discussed in the videos as well as referenced in the text book. Additionally, provide a few arguments as to why forecasting is important for any international company. Your Answer: 1) Technical forecasting is the use of historical rates to