business forecasting mod. 2

Lecture conducted by RAje sh FAldu Business Forecasting Module 2

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Lecture conducted by RAjesh FAldu

Business Forecasting

Module 2

Lecture conducted by RAjesh FAldu

Concept of Forecasting

• Refers to using the knowledge we have at one time to estimate what will happen at some future moment in time

Lecture conducted by RAjesh FAldu

Forecasting Techniques

Qualitative Models Quantitative Models

Delphi Method

Sales ForceComposite

ConsumerPanel

Survey

Time SeriesModels

CausalModels

MovingAverages

ExponentialSmoothing

TrendProjection

SimpleRegression

MultipleRegression

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