5 Forecasting
Session 3
OPM Topic 6 Forecast
Forecastin1g-Spring 2012 [Compatibility Mode]
Demand Forecasting 1 What is Forecasting? A forecast is an estimate of what is likely to happen in the future. Forecasts are concerned with determining.
4 – 1 Operations Management Chapter 4 - Forecasting Chapter 4 - Forecasting © 2006 Prentice Hall, Inc. PowerPoint presentation to accompany Heizer/Render.
© 2006 Prentice Hall, Inc.4 – 1 Operations Management Chapter 4 - Forecasting Chapter 4 - Forecasting © 2006 Prentice Hall, Inc. PowerPoint presentation.
© 2008 Prentice Hall, Inc.4 – 1 Operations Management Chapter 4 – Forecasting Delivered by: Eng.Mosab I. Tabash Eng.Mosab I. Tabash.
4 – 1 PSM10 © 2006 Prentice Hall, Inc. PowerPoint presentation to accompany Heizer/Render Operations Management, 8e Chapter 4 – Forecasting.
1 Chapter 15 Demand Management & Forecasting Demand Management Qualitative Forecasting Methods Simple & Weighted Moving Average Forecasts Exponential.
Forecasting. What is Forecasting? Process of predicting a future event Underlying basis of all business decisions: Production Inventory Personnel Facilities.
2015 Mbl912l Ss1 Lesson 4