Forecasting Methods - UCLouvain
Prod 2100-2110 Forecasting Methods 0 Forecasting Methods What is Forecasting ? Why is Forecasting important ? How can we evaluate a future demand ? How do we make mistakes ? Prod 2100-2110 Forecasting Methods 1 Contents 1. FRAMEWORK OF PLANNING DECISIONS ........................................ ....................................... 2 2. Forecasting ........................................ ........................................ ........................................ ......... 3 3 TYPE OF FORECASTS: ........................................ ........................................ ........................................ .. 4 3.
Prod 2100-2110 Forecasting Methods 2 1. Framework of planning decisions Let us first remember where the inventory control decisions may take place.
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