Question: Explain the trade-off between responsiveness and stability in a forecasting system that uses time-series data. Who needs to be involved in preparing forecasts( please be

  • Explain the trade-off between responsiveness and stability in a forecasting system that uses time-series data.
  • Who needs to be involved in preparing forecasts( please be specific as to the type, management is to broad in scope)? Why?
  • How has technology had an impact on forecasting?

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