![Forecasting in Operations Management]()
Instructors: Management Study Guide1 section 16 lectures 54m total lengthVideo: MP4 1280x720 44 KHz | English + SubUpdated 12/2021 | Size: 593 MB
Forecasting can prove to be an extremely powerful tool for any organization to fulfill its customers' demands
What you'll learn
Explain What is meant by 'Forecasting'
Explain the Classification of Forecasting
Explain the Types of Forecasting
List the Qualitative Forecasting Methods
List the Quantitative Forecasting Methods
Explain Factors to Consider While Forecasting
Explain Steps of Forecasting
Explain Steps for Ratio-Trend Analysis
Describe Regression Analysis
Describe Work Study Techniques
Explain the Steps for Delphi Technique
Describe Managerial Judgments for Forecasting
Explain the Forecasting Process
List the Mistakes to Avoid while Forecasting
List the Characteristics of a Good Forecast
Requirements
No prior knowledge is required
Description
For an organization to provide customer delight it is important that the organization can understand what customers want and how much do they want.