Question: Identify the steps used to develop any forecasting system by matching the step number. Determine the use of the forecast. Select the items or quantities
Identify the steps used to develop any forecasting system by matching the step number.
Determine the use of the forecast.
Select the items or quantities that are to be
forecasted.
Determine the time horizon of the forecast.
Select the forecasting model.
Gather the necessary data.
Validate the forecasting model.
Make the forecast.
Implement the results.
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