CompetenciesRelate the seven key elements of designing a forecasting system.InstructionsYour boss has asked you to speak at the quarterly board meeting based upon your success with operational forecasting.Your job is to develop a PowerPoint presentation and oral narration that showcases forecasting skills and professional practice. The requirement is six slides that contain supportive notes per slides that integrate discussion points and strengthen the content on each slide. The expectation is two slides for strategic forecasting and production, two slides for the limitation of forecasting on labor models, and two slides on the features of job planning and the impact of forecasting. Lastly, you need to develop a one-page summary to submit to board members that reviews the impact operational forecasting can have on organizations and include two supportive references.