This week we learned about forecasting, various methods to approach forecasting and its use as a tool in management decisions.Reflecting back to the lecture and your readings, answer the following prompts:Explain in your own words if you feel that forecasting is/is not an approach that is nearing an exact science.Describe what forecasting model did you most appreciate and how you can see using it in your workplace.Do you think that the quantitative or qualitative approach, or both, are most precise? Explain why.