English, Article edition: Measuring the Efficiency of an Informal Forecasting Process Robert Samohyl

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Measuring the Efficiency of an Informal Forecasting Process
Author
  • Robert Samohyl
Physical Description
  • article
Notes
  • Bob Samohyl analyzes a manufacturing company that forecasts orders without a statistical model, on the basis of executive judgment alone. He shows how the company can quickly determine how much potential there is for improving forecast accuracy using even simple statistical models, also noting that cost savings are a likely by-product. Copyright International Institute of Forecasters, 2005
  • RePEc:for:ijafaa:y:2006:i:3:p:16-21
Language
  • English
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