OPS 571 Week 5 Individual Assignment, Operations Forecasting Paper

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OPS 571 Week 5 Individual Assignment, Operations Forecasting

Companies try to figure out what lies ahead to meet their operational, tactical, and strategic goals.  One method used for predicting the future, and to aid in forming the steps necessary to meet organizational goals, is forecasting.  Forecasting provides a company with tools to plan ahead for finance, accounting, marketing, and production.  One way to forecast is by quantitative methods. One quantitative method is time series analysis which uses past demand to predict future demand.  Apple, Inc.’s net sales numbers will be …… using the time series analysis……………….Continued (05 Pages with References)

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