In which Collaborative Planning, Forecasting, and Replenishment $($CPFR$)$ step do companies agree on the timing of the forecasts that will be shared? $($slides $44-45)$

Step $2$: Joint business planning

Step $3$: Development of demand forecasts

Step $5$: Inventory replenishment

Step $4$: Forecast sharing

Step $1$: Creation of a front$-$end partnership agreement