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You have just started a position as a Demand Manager at a sign manufacturer in town. The owner would like to develop a forecasting system
You have just started a position as a Demand Manager at a sign manufacturer in town. The owner would like to develop a forecasting system and has asked you to draft a summary to walk them through each of the steps and important considerations. Describe briefly the steps needed to develop a forecasting system. What are some important elements that should be considered (model, monitoring, measuring accuracy)?
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