Mod-02 Lec-04 Forecasting -- Winter's model, causal models, Goodness of forecast, Aggregate Planning

Transcript

In today’s lecture we continue our discussion on seasonal models; in the previous lecture we demonstrated a basic model considering seasonality. So, we looked at this data and this data would represent the demand over 3 years and each year is divided into 4 quarters. In the previous model, we computed a seasonality index, for example seasonality in... Read More