What are the various ways a forecast can go wrong using historic data to predict future requirements, resources, or customer demands?

After carefully reading Chapter 5 in your textbook and reviewing the additional resources in the Content area of the classroom, think about forecasting using Time-series Data in your organization.  Address the three subjects below: What are the various ways a forecast can go wrong using historic data to predict future requirements, resources, or customer demands? What statistical methods are … Read more