• Why forecasting is important to businesses?
• What are some of the traditional forecasting methods employed in business and why they don't work well?
• What exactly is Supply-Driven Forecasting?
• What exactly is Demand Driven Forecasting?
• Explain the followingformula and what does it have to do with forecasting accuracy?

Forecast = Trend t-1 + Seasonality t-1 + Cyclical t-1 + Causal Factor(s)t-1 + Unexplained Variance