How do you  define a business forecast process?
<answer> A common statistical task in business, where it helps to inform decisions about the scheduling of production, transportation and personnel and provides a guide to long-term strategic planning. <context> 1.2 Forecasting, planning and goals. Forecasting is a common statistical task in business, where it helps to inform decisions about the scheduling of production, transportation and personnel, and provides a guide to long-term strategic planning.However, business forecasting is often done poorly, and is frequently confused with planning and goals..2 Forecasting, planning and goals. Forecasting is a common statistical task in business, where it helps to inform decisions about the scheduling of production, transportation and personnel, and provides a guide to long-term strategic planning.