Rank the five steps in designing a forecasting process that help managers achieve their goals in the correct order. Place the first step at the top.

Instructions

Drag and drop application.

Choice $1$ of $5.$ Monitor the performance of the forecasting process for continuous improvement. toggle button

Monitor the performance of the forecasting process for continuous improvement.

Choice $2$ of $5.$ Identify the users and decision$-$making processes that the forecast will support. toggle button

Identify the users and decision$-$making processes that the forecast will support.

Choice $3$ of $5.$ Identify likely sources of the best data inputs. toggle button

Identify likely sources of the best data inputs.

Choice $4$ of $5.$ Document and apply the proposed technique to the data gathered for the appropriate business process. toggle button

Document and apply the proposed technique to the data gathered for the appropriate business process.

Choice $5$ of $5.$ Select forecasting techniques that will most effectively transform data into timely, accurate forecasts over the appropriate planning horizon. toggle button

Select forecasting techniques that will most effectively transform data into timely, accurate forecasts over the appropriate planning horizon.