Define Forecasting and Discuss Its Importance

question 109

Essay

Define forecasting and discuss its importance.Describe the two types of forecasting described in the text.

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Definitions:

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, characterized by their naked seeds not enclosed in an ovary.

Angiosperms

A large group of plants characterized by having flowers and producing seeds enclosed within a fruit.

Xylem

Complex vascular tissue of plants; cell walls of its dead tracheids and vessel elements form tubes that distribute water and mineral ions through the plant body.

Tracheids

Component of xylem. Tapered cells that die when mature; pitted walls that remain interconnect with other tracheids to form water-conducting tubes.