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


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.


Supply Chain Forecast Model Forecast Error Causal Model Random Component 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.H. Milton Stewart School of Industrial & Systems EngineeringGeorgia Institute of TechnologyAtlantaUSA

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