Amity School of Business

Module 2 Demand Forecasting

Amity School of Business Forecasting .

2.Definition Amity School of Business 1. Forecasting is the estimate of the future demand for the products to be manufactured & the desired services along with the resources necessary to produce these outputs. Forecasting is scientifically calculated guess. 4/10/2012 3 .

Forecasting Methods • Qualitative Methods • Quantitative Methods Amity School of Business 4/10/2012 4 .

Quantitative Forecasting Methods • • • • Moving Average Weighted Moving Average Exponential Smoothing Forecast Linear Regression Amity School of Business 4/10/2012 5 .

Qualitative Forecasting Methods • • • • • Educated Guess Consensus Delphi Historical Analogy MR Amity School of Business 4/10/2012 6 .

Sign up to vote on this title
UsefulNot useful

Master Your Semester with Scribd & The New York Times

Special offer for students: Only $4.99/month.

Master Your Semester with a Special Offer from Scribd & The New York Times

Cancel anytime.