Question

QUESTION i mark you brainliest if you asnwer this :) 1. Discuss the objectives methods and types of forecasting

Answer 1

hii dear...

ᴛʜᴇ ᴏʙᴊᴇᴄᴛɪᴠᴇꜱ ᴏꜰ ꜰᴏʀᴇᴄᴀꜱᴛɪɴɢ. ɪɴ ᴛʜᴇ ɴᴀʀʀᴏᴡ ꜱᴇɴꜱᴇ, ᴛʜᴇ ᴏʙᴊᴇᴄᴛɪᴠᴇ ᴏꜰ ꜰᴏʀᴇᴄᴀꜱᴛɪɴɢ ɪꜱ ᴛᴏ ᴘʀᴏᴅᴜᴄᴇ ʙᴇᴛᴛᴇʀ ꜰᴏʀᴇᴄᴀꜱᴛꜱ. ʙᴜᴛ ɪɴ ᴛʜᴇ ʙʀᴏᴀᴅᴇʀ ꜱᴇɴꜱᴇ, ᴛʜᴇ ᴏʙᴊᴇᴄᴛɪᴠᴇ ɪꜱ ᴛᴏ ɪᴍᴘʀᴏᴠᴇ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴᴀʟ ᴘᴇʀꜰᴏʀᴍᴀɴᴄᴇ—ᴍᴏʀᴇ ʀᴇᴠᴇɴᴜᴇ, ᴍᴏʀᴇ ᴘʀᴏꜰɪᴛ, ɪɴᴄʀᴇᴀꜱᴇᴅ ᴄᴜꜱᴛᴏᴍᴇʀ ꜱᴀᴛɪꜱꜰᴀᴄᴛɪᴏɴ

have a nice day

Answer 2

Explanation:

There are many potential users of models that forecast demand and supply of workers for particular occupations. One group of users includes students, their parents, and advisors. Others include universities that need to shape the size and scope of their graduate programs, industry planners who need to anticipate worker shortages in key areas of emerging technology, and government funders of graduate education and research, at both state and federal levels, who need to allocate public funds wisely. What is desired in a forecasting model may vary for each of these groups, in terms of horizon, level of detail, and focus.

The following elements of the forecasting process:

These are:

Prepare the groundwork.

Create a future business.

Comparing actual with estimated results, and.

Refining the forecasts

Main objective of Forecasting is to produce more interactive forecast to increase organisational improvement