Question: Forecasting helps to create a benchmark for expected performance, so we know how to plan our forward resources. Supply Chain performance is planned very heavily
Forecasting helps to create a benchmark for expected performance, so we know how to plan our forward resources. Supply Chain performance is planned very heavily around forward looking forecasts, as well as many other arms of the business. For a company like Netflix, where your Final Project is focused on how would forecasting come into play? What different types of metrics should that company have at hand in order to fully understand the direction of their business?
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