Question: How do you evaluate if a forecasting method is good? Briefly describe each of the elements discussing how they make the forecasts better? What quantitative

  1. How do you evaluate if a forecasting method is good? Briefly describe each of the elements discussing how they make the forecasts better? What quantitative measures are available to assess the accuracy of the forecasts? (25 Points)
  2. What methods are available to assess the environmental sustainability of a product or a service? Clearly describe them showing how these approaches are applicable for physical products, and how they are applicable for services? (25 Points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!