In a three- to four-page paper (not including the title and referencepages), analyze the two alternative perspectives on forecasting. Be sureto include the following:
- A description of the subjective and objective methods and their applications to the forecast.
- A description of a procedure to evaluate the effectiveness of a particular method’s output/predictions.
- A description of the similarities and differences of subjective and objective forecasting.
- A description of the methods of application oruse of forecasts to support production. Be sure to address how thedeliverables relate to production.
In your paper, be sure to cite the article by Fildes and Beard (1992) oranother scholarly source, in addition to Chapters 13 and 14 in yourtextbook.
The paper must use APA style as outlined in the approved APA style guide and include APA-formatted title and reference pages.