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Forecasting For Planners

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Forecasting

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Author : William Ascher
language : en
Publisher:
Release Date : 1978-02-17

Forecasting written by William Ascher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978-02-17 with Business & Economics categories.

Abstract: Forecasting is a new, and still changing field. One of the most important factors in the relationships between method and result is that core assumptions are more important than sophisticated techniques; improved technique does not compensate for faulty assumptions. Forecasting is still an art and one that is difficult to master. The uses of forecasting can be so varied, and applied to so many different disciplines, that it's worth making the effort. The appraisal of forecasts and the choice of the "most likely" from a group focusing on the same area is also a type of forecasting.

Improving Forecasts With Integrated Business Planning

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Author : Ganesh Sankaran
language : en
Publisher: Springer
Release Date : 2019-03-05

Improving Forecasts With Integrated Business Planning written by Ganesh Sankaran and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-05 with Business & Economics categories.

This book provides both a broad overview of the forecasting process, covering technological and human aspects alike, and deep insights into algorithms and platform functionalities in the IBP toolbox required to maximize forecast accuracy. Rich in technical and business explanations, it addresses short-, medium- and long-term forecasting processes using functionalities available in demand planning and demand sensing. There are also several theoretical concepts underpinning the algorithms discussed; these are explained with numerical examples to help demystify the IBP forecasting toolbox. Beyond standard procedures, the book also discusses custom approaches (e.g. new segmentation criteria, new outlier detection and correction methods) and new methods (e.g. the use of Markov chains for forecasting sporadic demands), etc. It subsequently benchmarks common practices using these innovative approaches and discusses the results. As measurement is an important precondition for improvement, an entire chapter is devoted to discussing process improvement and value using the Six Sigma methodology. In closing, the book provides several useful tips and tricks that should come in handy during project implementation.

Consumption Based Forecasting And Planning

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Author : Charles W. Chase
language : en
Publisher: John Wiley & Sons
Release Date : 2021-08-03

Consumption Based Forecasting And Planning written by Charles W. Chase and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-03 with Business & Economics categories.

Discover a new, demand-centric framework for forecasting and demand planning In Consumption-Based Forecasting and Planning, thought leader and forecasting expert Charles W. Chase delivers a practical and novel approach to retail and consumer goods companies demand planning process. The author demonstrates why a demand-centric approach relying on point-of-sale and syndicated scanner data is necessary for success in the new digital economy. The book showcases short- and mid-term demand sensing and focuses on disruptions to the marketplace caused by the digital economy and COVID-19. You’ll also learn: How to improve demand forecasting and planning accuracy, reduce inventory costs, and minimize waste and stock-outs What is driving shifting consumer demand patterns, including factors like price, promotions, in-store merchandising, and unplanned and unexpected events How to apply analytics and machine learning to your forecasting challenges using proven approaches and tactics described throughout the book via several case studies. Perfect for executives, directors, and managers at retailers, consumer products companies, and other manufacturers, Consumption-Based Forecasting and Planning will also earn a place in the libraries of sales, marketing, supply chain, and finance professionals seeking to sharpen their understanding of how to predict future consumer demand.

Managing The Future

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Author : Stephen M. Millett
language : en
Publisher: Triarchy Press
Release Date : 2011-11-30

Managing The Future written by Stephen M. Millett and has been published by Triarchy Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-30 with Business & Economics categories.

A guide to forecasting and strategic planning for organizations

Energy Forecasting For Planners

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Author : David Listokin
language : en
Publisher: Routledge
Release Date : 2020-12-18

Energy Forecasting For Planners written by David Listokin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-18 with categories.

With the increased public awareness of a deepening energy crisis, governments at all levels have begun to examine their ability to act meaningfully in response to forms of short- and long-term energy-related political pressures. Emergency preparedness, conservation programs, and contingency planning have become watchwords in our new energy bureaus. The existence of a model provides an element of objectivity to the agency's policy pronouncements and, through the overlap in the energy agency's scope with that of other departments, the views of the energy agency are now made a part of regional development plans.This volume provides the tools to shape and implement community plans and programs relating to energy use in vehicular travel. Fully documented and effective fuel consumption forecasting models are clearly presented. These models range from static and flow adjustment equations delineating fuel consumption to analyses that explain patterns of change for vehicular use.This book shows the statistical procedures used to estimate the models, as well as the procedures used to test the models' significance. The authors include computer algorithms along with full, working examples; both are presented together with an analysis of all the principal alternative approaches. Finally, problems such as the distribution of fuel reserves to meet needs in particular areas within a jurisdiction are explored.

Business Forecasting

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Author : Michael Gilliland
language : en
Publisher: John Wiley & Sons
Release Date : 2021-05-11

Business Forecasting written by Michael Gilliland and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-11 with Business & Economics categories.

Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.