BusM 361 Forecasting Fall 11

BusM 361 Forecasting Fall 11 - BusM 361: Forecasting...

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BusM 361: Forecasting "A good forecaster is not smarter than everyone else, he merely has his ignorance better organized." Anonymous "I always avoid prophesying beforehand because it is much better to prophesy after the event has already taken place. " Winston Churchill
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Nature of Forecasting Predicting Future Health Stanford University researchers have developed a revolutionary, non-invasive way of quickly predicting the future health of premature infants, an innovation that could better target specialized medical intervention and reduce health-care costs. Predicting Crime On Aug. 16, the 36-year-old cop was promoted to director of the (source: International Institute of Forecasters, www.forecasters.org)
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Sales, Operations and Planning collaborate to reach a “best forecast” Each function has a different view towards the development and use of the forecast Function Unit of Measure Time Frame Organized by: Sales Cases, Revenue 1-3 months Customer
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BusM 361 Forecasting Fall 11 - BusM 361: Forecasting...

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