Course: BBA Subject: Production Management Unit:1.3 Course: MBA Subject: Production & Operation Management Unit:1.3 Forecasting Forecast Nature Types Factors affecting…

OUTLINE Introduction Steps in forecasting process Types of forecasting Naïve Forecasts Averaging Forecasts Linear Trend Forecasts Associative Forecasts Forecast Accuracy…

Learning Objectives List the elements of a good forecast. Outline the steps in the forecasting process. Describe at least three qualitative forecasting techniques and the…

Forecasting Learning Objectives List the elements of a good forecast. Outline the steps in the forecasting process. Describe at least three qualitative forecasting techniques…

Learning Objectives List the elements of a good forecast. Outline the steps in the forecasting process. Describe at least three qualitative forecasting techniques and the…