Ms6012 m4a2 | MS6012 – Economic Practices for Managers | Argosy University
Assignment 2: Applications of Forecasting by Firms Forecasting is used as a tool for planning. When developing forecasts, firms need to think of all possible scenarios and their future impacts. For example, if you are in a management role and overforecast sales, you will then overforecast employees or payroll as you will schedule more employees than needed to meet your projected sales. This overforecasting will […]