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Forecasting

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Book cover Supply Chain Engineering

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 161))

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Abstract

Learning Objectives

After you have studied this chapter, you should be able to:

  • Understand the stochastic nature of a forecast and how to treat it in a scientific manner.

  • Know the different types of forecasts and their main characteristics.

  • Know the different types of forecasting methods and their main characteristics.

  • Compute and interpret measures of forecast accuracy.

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References

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Correspondence to Marc Goetschalckx .

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© 2011 Springer Science+Business Media, LLC

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Goetschalckx, M. (2011). Forecasting. In: Supply Chain Engineering. International Series in Operations Research & Management Science, vol 161. Springer, Boston, MA. https://doi.org/10.1007/978-1-4419-6512-7_3

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