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Na ve forecast - PowerPoint PPT Presentation

Chapter 3

Chapter 3 . Forecasting. Chapter 3: Learning Objectives. You should be able to: List the elements of a good forecast Outline the steps in the forecasting process Describe at least three qualitative forecasting techniques and the advantages and disadvantages of each

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Time Series Forecasting Tools e.g. Moving Average, Exponential Smoothing

Text: Chapter 13. Time Series Forecasting Tools e.g. Moving Average, Exponential Smoothing. Motivation: Demand Forecast. Think of a Business Plan, product or service you provide Discussion: Why is there a need to forecast future demand? How would you forecast future demand?

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Time Series Forecasting Tools e.g. Simple / Holt / Winters Exponential Smoothing

Text: Chapter 12. Time Series Forecasting Tools e.g. Simple / Holt / Winters Exponential Smoothing. Motivation: Job Interview Assignment by Fortune10 company. Motivation: Demand Forecast. Think of a Business Plan, product or service you provide Discussion:

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Na ve forecast - PowerPoint PPT Presentation

Chapter 3

Time Series Forecasting Tools e.g. Moving Average, Exponential Smoothing

Time Series Forecasting Tools e.g. Simple / Holt / Winters Exponential Smoothing