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Describe an example of how you might use forecasting in the following categories for a welding business: 1. Economic forecasts: predicting changes of business cycles 2. Technologicall forecasts: rates of technological change 3. Business forecasts: predicting demand. The three steps to small business forecasting. 1. Know your baseline 2. Look at multiple scenarios 3. Simplify with business forecasting software

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Operation Management, Management Studies

Category:- Operation Management
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