Highlighted questions only please! thank you.

3. Write a paragraph in which you compare what you think are the advantages and disadvantages of subjective forecasting methods. How do you think the use of quantitative methods relates to these advantages and disadvantages? 4. Explain how forecasting relates to having an efficient supply chain. 5. The process of forecasting new products is difficult. Why? How can new products be forecast? 6. In this chapter, you saw an example of a naive forecast. Why do you think it is given that name? Describe how the naive forecast is developed. 7. In the chapter, you learned about many metrics that can be used to evaluate forecast accuracy. The MAPE was one of those that may be the most common in use. Explain what the MAPE tells a forecaster