FREE SHIPPING

on all orders of $59 or more

$4 OFF your purchase of $60 or more!
Use coupon code SATURDAY in checkout.

Profit from Your Forecasting Software

, by
Profit from Your Forecasting Software by Goodwin, Paul, 9781119414575
Note: Supplemental materials are not guaranteed with Rental or Used book purchases.
  • ISBN: 9781119414575 | 1119414571
  • Cover: Hardcover
  • Copyright: 4/10/2018
  • Buy New Book

    Currently Available, Usually Ships in 24-48 Hours

    $46.50
  • eBook

    Available Instantly

    Online: 365 Days

    Downloadable: Lifetime Access

    $36.00

Go beyond technique to master the difficult judgement calls of forecasting

A variety of software can be used effectively to achieve accurate forecasting, but no software can replace the essential human component. You may be new to forecasting, or you may have mastered the statistical theory behind the software’s predictions, and even more advanced “power user” techniques for the software itself—but your forecasts will never reach peak accuracy unless you master the complex judgement calls that the software cannot make. Profit From Your Forecasting Software addresses the issues that arise regularly, and shows you how to make the correct decisions to get the most out of your software.

Taking a non-mathematical approach to the various forecasting models, the discussion covers common everyday decisions such as model choice, forecast adjustment, product hierarchies, safety stock levels, model fit, testing, and much more. Clear explanations help you better understand seasonal indices, smoothing coefficients, mean absolute percentage error, and r-squared, and an exploration of psychological biases provides insight into the decision to override the software’s forecast. With a focus on choice, interpretation, and judgement, this book goes beyond the technical manuals to help you truly grasp the more intangible skills that lead to better accuracy.

  • Explore the advantages and disadvantages of alternative forecasting methods in different situations
  • Master the interpretation and evaluation of your software’s output
  • Learn the subconscious biases that could affect your judgement toward intervention
  • Find expert guidance on testing, planning, and configuration to help you get the most out of your software

Relevant to sales forecasters, demand planners, and analysts across industries, Profit From Your Forecasting Software is the much sought-after “missing piece” in forecasting reference.

You might also enjoy...



Please wait while the item is added to your bag...