What best describes the method of simulation? A complex quantitative forecasting method that considers multiple variables, creates an algorithm, to produce a forecast. A forecasting method that considers 2 variables (e.g., marketing and labour force) to develop an algorithm and produce a forecast. A complex qualitative forecasting method that considers multiple variables, creates an algorithm, to produce a forecast. A forecasting method that considers 2 variables (e.g., marketing and labour force) to develop a ratio and produce a forecast. What is the best description of the steps involved with the forecasting process: 1. Perform analysis to determine the number of employees required to meet the organization strategic objectives 2. Work with finance to articulate the staffing budget 3 . Work with the HR team to develop the appropriate programs and policies. 1. Conduct an environmental scan 2. Determine in-house skills 3 . Work with finance to articulate the staffing budget 4. Work with HR to develop the appropriate programs and policies. Determine the staffing needs by skills, level, and jobs 2. Perform analysis to determine the number of required employees 3. Create a staffing budget 4. Put HR programs and policies into place. None of the above