Forecasting and Inventory Management

SEE ATTACHMENT: Forecasting is a realistic application of the scientific method towards future business requirements. This can be accomplished with both qualitative and quantitative methods. Inventory Management also connects to forecasting and is a key element of success within the supply chain and operations management professional areas of business. Forecasting and Inventory Management support operations management efforts. However, you need to explore and evaluate these concepts more closely demonstrating knowledge of these real world business concepts. Directions In this Assignment, you will compose and informative essay in a minimum of 3-full pages in which you specifically address the parts listed below. Make sure to include separate title and references pages, use standard paragraph structure, double spacing, 12-point Times New Roman font, and follow all other APA 6th edition formatting and citation guidelines. Conduct research from credible peer-reviewed sources, the Library, and your textbook to support your responses.