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What are some ways that forecasting helps an agribusiness manager to improve decisions around buying, selling and inventory? What is the connection between forecasting and

  1. What are some ways that forecasting helps an agribusiness manager to improve decisions around buying, selling and inventory?
  2. What is the connection between forecasting and budgeting in this regard?
  3. What is the basis for an operating budget, a cash flow budget and a capital budget? Can an agribusiness manager pay attention to only one? Why or why not?

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