Slide 13-1 Technology Forecasting Learning Objectives List the elements of a good forecast. Outline the steps in the forecasting process. Describe at least three qualitative…
Slide 1 3-1Forecasting CHAPTER 3 Forecasting Slide 2 3-2Forecasting FORECAST: A statement about the future value of a variable of interest such as demand. Forecasts…
Slide 1 Forecasting To Accompany Russell and Taylor, Operations Management, 4th Edition, 2003 Prentice-Hall, Inc. All rights reserved. Slide 2 Forecasting Predicting…
Slide 1 John Roberts State Budget Director State Association of Accountants, Auditors and Business Administrators April 21, 2015 Michigan Growing Stronger Slide 2 Michigan…
Slide 1 Chapter 3 The Importance of Forecasting in POM Slide 2 Assumes causal system past ==> future Forecasts rarely perfect because of randomness Forecasts more accurate…
Slide 1 1 Lecture 3 Forecasting CT – Chapter 3 Slide 2 2 A statement about the future value of a variable of interest such as demand. Forecasts affect decisions…