April 2015
Intermediate to advanced
634 pages
27h 48m
English
Content preview from Operations Management, 3rd Edition
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CHAPTER 14
Demand Forecasting
CRITICAL QUESTIONS
After going through this chapter, you will be able to answer the following questions:
- What is the role of forecasting in an organization? How does it help the planning process?
- How does the forecasting methodology and context change with respect to the time horizon?
- What are the steps involved in designing a forecasting system?
- What are the sources of data for forecasting? How do organizations use these data?
- What are the well-known models used for forecasting? How can we estimate the model’s parameters?
- How can we assess the accuracy of forecasts obtained from a forecasting model?
- What are the managerial considerations in using a forecasting system?
Every organization invariably engages ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.