Question
Please JUSTIFY or Agree/Disagree with the writer or Answer the Following in half page (SHORT NOTE). And please do mention if you are Justifying,Agreeing,Disagreeing or
Please JUSTIFY or Agree/Disagree with the writer or Answer the Following in half page (SHORT NOTE). And please do mention if you are Justifying,Agreeing,Disagreeing or Answering the Following. Thanks
The note should have intext citations. For example, anything with numbers or quotes per paragraph. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks
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Forecasting is a decision-making tool used by businesses to help in budgeting, planning and estimating future growth, in attempt to predeict future outcomes based on past events and management insight. (Wolters Kluwer, 2023) Quantitative forecasting uses analytics to analyze large amounts of historical data in order to trends and patterns, through large amounts of data less prone to bias. (Wolters Kluwer, 2023)
I work for a health insurance company dealing with the prior authorization department. Forecasting helps with during the peak time when we are busy knowing how many faxes and phone calls we will be taking from the members/providers office each employee will be taking on our team. Forecasting also helps with knowing if overtime would be needed with business needs with the calls and faxes.
Wolters Kluwer (2023) Business Forecasting
www.wolterskluwer.com/en/solutions/cch-tagetik/glossary/business-forecasting
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