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There are 5 Steps in determining the Forecasting System and they are as follows: 1 Determine the use of the forecast: 2. Select the items to be forecasted: 3. Determine the time horizon of the forecast: 4. Select the forecasting model(s): 5. Gather the data needed to make the forecast: 6. Make the forecast. 7. Validate and implement the results.
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There are 5 Steps in determining the Forecasting System and they are as follows: 1 Determine the use...
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