Forecasting is essentially a reactive approach that considers fluctuations in demand to be mostly outside the firmcontrol.
Forecasting and Demand Presentation Forecasting is essentially a reactive approach that considers fluctuations in demand to be mostly outside the firmcontrol. Rather than simply forecasting and reacting to changes in demand, however, business executives would prefer to influence the timing, pattern, and certainty of demand to whatever extent they can. They do this through demand … Read more