Explaining the importance of forecasting and reliability to the decision making of an of an organization.

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This is extra credit!

Write at least a 3 -4  page essay (paragraphs of at least 5 sentences each), double spaced, 12-point font, explaining the importance of forecasting  and reliability to the  decision making of an of an organization. Be sure to include definitions and examples and the use of the of the different forecasting and reliability methods (Exponential and Normal distributions), naïve, moving average, weighted moving average, exponential smoothing, linear regression.

Use can use any source you choose (mainly the text) but it must me in your own words. I use the Turn-it-In function in Excel, a plagiarism identity software.