'Actual forecast' presentation slideshows

Chapter 3 Forecasting

Chapter 3 Forecasting. Car buyer- Models & Option Does the dealer know! Basic Managerial function- Planning. A statement about the future value of a variable of interest such as demand. Forecasting is used to make informed decisions . Long-range (Plan system)

556 views • 46 slides

Chapter 3 Forecasting

Chapter 3 Forecasting. Car buyer- Models & Option Does the dealer know! Basic Managerial function- Planning. A statement about the future value of a variable of interest such as demand. Forecasting is used to make informed decisions . Long-range (Plan system)

555 views • 46 slides

Chapter 3 Forecasting

Chapter 3 Forecasting. Car buyer- Models & Option Does the dealer know! Basic Managerial function- Planning. A statement about the future value of a variable of interest such as demand. Forecasting is used to make informed decisions . Long-range (Plan system)

535 views • 43 slides

Forecasting Time Horizons

Forecasting Time Horizons. Short-range forecast Up to 1 year, generally less than 3 months Purchasing, job scheduling, workforce levels, job assignments, production levels Medium-range forecast 3 months to 3 years Sales and production planning, budgeting Long-range forecast 3 + years

502 views • 29 slides

Evaluation

Evaluation The evaluation of Naive Forecasting Techniques relies primarily on the comparison of the forecasts with the corresponding actual values. Evaluation Methods Mean Error (ME) Mean Absolute Error (MAE) Mean Squared Error (MSE) Mean Percentage Error (MPE)

422 views • 22 slides

Fuzzy verification of fake cases

Fuzzy verification of fake cases. Beth Ebert Center for Australian Weather and Climate Research Bureau of Meteorology. observation. forecast. Frequency. Forecast value. t - 1. t. Frequency. t + 1. Forecast value. Fuzzy (neighborhood) verification.

343 views • 20 slides

Fuzzy verification of fake cases

Fuzzy verification of fake cases. Beth Ebert Center for Australian Weather and Climate Research Bureau of Meteorology. observation. forecast. Frequency. Forecast value. t - 1. t. Frequency. t + 1. Forecast value. Fuzzy (neighborhood) verification.

216 views • 20 slides

Forecast Presentations

134 views • 13 slides

Alternatives to Sales Budgeting Process

Alternatives to Sales Budgeting Process. Sales budget. Production budget. Revenue budget. Sales and administrative expense budget. Direct labor materials and overhead budgets. Cost of goods sold budget. Budgeted profit and loss statement. Sales forecasts.

229 views • 10 slides

THE OUTLOOK FOR NATURAL GAS

THE OUTLOOK FOR NATURAL GAS. Actual Forecast. Fuel Use Act. FIGURE 1. UNITED STATES NATURAL GAS CONSUMPTION. Bcfd. 64.6. 60.8. Boiler Fuel & Other. 52.8. 46.9. 22.2. 21.6. Residential & Commercial. GDP Trillion 2005$. Population Millions. Actual Forecast (Normal Weather).

168 views • 10 slides

Given the following data, compute the tracking signal and decide whether or not the forecast should be reviewed.

272 views • 10 slides

FORECAST VS ACTUAL

FORECAST VS ACTUAL. FEB 19 12Z. 12Z FRIDAY. FORECAST. ACTUAL. 12Z SATURDAY. FORECAST. ACTUAL. 12Z SUNDAY. ACTUAL. FORECAST. 0Z MONDAY.

258 views • 5 slides