Subject category:
Case Method and Specialist Management Disciplines
Published by:
Darden Business Publishing
Length: 18 pages
Data source: Generalised experience
Abstract
This technical note introduces: (1) approaches to forecasting in general; (2) simple moving averages and exponential smoothing; (3) accounting for seasonality in forecasting; (4) accounting for trend in forecasting; and (5) implementing a forecasting model. Holt''s and Winter''s models for exponential smoothing are included.
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Abstract
This technical note introduces: (1) approaches to forecasting in general; (2) simple moving averages and exponential smoothing; (3) accounting for seasonality in forecasting; (4) accounting for trend in forecasting; and (5) implementing a forecasting model. Holt''s and Winter''s models for exponential smoothing are included.