Forecasting and Decision Making

For this discussion, respond to the following questions:

• What are the advantages of having computer-based forecasting packages handle forecasting?
• What are the differences between using linear regression to develop a time series forecasting model and a causal forecasting model?
• Are highly experienced managers able to forecast equally or better than computers using heuristics?
• Given your response to the previous question, what are the implications for the role of managers and computers in forecasting?