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In a short essay, list and discuss the two categories into which forecasting techniques fall.Next list and describe three of the best-known quantitative and three of the best-known qualitative forecasting techniques.Include a discussion of how each of the listed techniques can be applied to business problems.
Personnel
Employees or staff members of an organization.
Work Plan
A detailed outline of the tasks, strategies, and timelines intended to achieve specific objectives or goals.
RFP
RFP stands for Request for Proposal, which is a document issued by a business or organization inviting suppliers to submit a proposal for a specific product or service.
Formal Obligation
A duty or commitment that is specified or required by law, regulation, or agreement.
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