REVIEW QUESTIONS – FORECASTING

1. What is forecasting and explain its features?

2. What are the elements of forecasting process?

3. What are the advantages of forecasting?

4. Write down the limitations of forecasting?

5. What are the types of forecasting?

6. Explain briefly forecasting techniques.

7. Explain quantitative forecasting techniques.

8. Describe Regression analysis.

9. “Forecasting is a systematic analysis of past and present conditions.” Explain.

10. Explain the importance of forecasting.