Question: . Describe the five steps in the forecasting process. 2 . Discuss why the degree of accuracy is important in selecting the right forecasting model.

. Describe the five steps in the forecasting process.
2. Discuss why the degree of accuracy is important in selecting the right forecasting model.
3. Discuss the difference between qualitative and quantitative forecasting.
4. Describe the 5 steps to Collaborative Planning, Forecasting, and Replenishment (CPFR).
5. What is one of the simplest ways to combine forecasts?

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