Abstract
In this chapter, demand forecasting methods are considered. At the beginning, the role of demand forecasting in supply chain and operations management is discussed. Next, the role of expert methods in forecasting is analyzed and application of statistical methods for forecasting is demonstrated. Subsequently, it is shown how forecasts are calculated based on statistical methods, as well as how to understand and apply measures for forecast quality assessments. The chapter is enriched by an E-Supplement which provides additional Excel templates, tasks, and video streams.
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References for Sect. 11.1
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Ivanov, D., Tsipoulanidis, A., Schönberger, J. (2019). Demand Forecasting. In: Global Supply Chain and Operations Management. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-94313-8_11
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DOI: https://doi.org/10.1007/978-3-319-94313-8_11
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-94312-1
Online ISBN: 978-3-319-94313-8
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