Question: will thumbs up! Typical Forecasting Case Presentation PICK ANY COMPANY, YOU THINK Cover Sheet: Names Topic Overview: Company background or overview Current forecasting status if

will thumbs up! Typical Forecasting Case

will thumbs up!

Typical Forecasting Case Presentation PICK ANY COMPANY, YOU THINK Cover Sheet: Names Topic Overview: Company background or overview Current forecasting status if known Basic Problem Current forecasting problem Drawback to current system Objective of new forecast Analysis: Factors affecting sales or item you are forecasting Analyzing the historical demand patterns (seasonality, trend, cyclic) Develop forecasts Review accuracy of new forecasting system by comparing to actual observed data. Also use Hold Out period. If previous forecasting data or procedure available compare to proposed forecast method. Table comparing forecasts using MAPE, RMSE etc. Table comparing Hold Out period forecasts using MAPE, RMSE etc. Combining best forecasts Interpretation of results Final Forecast Report, Alternatives, Recommendations and Wrap-up This is just a generic process to follow, add more as needed for your particular case

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