Which of the following is NOT considered a component of the forecasting process?

The forecasting process is crucial in operations and supply chain management as it helps organizations predict future demand and make informed decisions. Among the components of this process, determining forecast objectives sets the foundation for what the forecast is intended to achieve. Developing a model using historical data allows analysts to create predictive models based on past trends, and revising and evaluating forecasts ensures that the forecasting strategy remains effective and accurate over time.

C, which refers to evaluating past employee performance, does not directly relate to the forecasting process. While understanding employee performance is important for workforce management and planning, it does not influence the actual forecasting of demand. Therefore, it is not considered a component of the forecasting process itself.