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SCM Tutorials

Jan 26, 2011

Summary: Approaches to Forecasting : A Tutorial

Summary Forecasting is a critical part of CPFR. Fortunately, there are a number of well-developed tools and strategies for developing forecasts. Avoid forecasting values when you can calculate them. For… 

Jan 26, 2011

Q2 Forecasting: Approaches to Forecasting : A Tutorial

Q2 Forecasting What Is Q2 Forecasting? Quantitative-Qualitative Forecasting Basic ideas behind Q2 forecasting: Wherever possible, forecasters should first develop a quantitative forecast, then use this for the basis for more… 

Jan 26, 2011

3 – Step Process: Approaches to Forecasting : A Tutorial

3 – Step Process STEP 1: Divide Items into Three Major Categories STEP 2: Apply the simplest tools needed to do the job STEP 3: Spend effort on the “difficult… 

Jan 25, 2011

Double Exponential Smoothing: Approaches to Forecasting : A Tutorial

Double Exponential Smoothing What Is Double Exponential Smoothing? Time Series with Trend: Double Exponential Smoothing h2. What Is Double Exponential Smoothing? …like regular exponential smoothing, except includes a component to… 

Jan 25, 2011

Exponential Smoothing: Approaches to Forecasting : A Tutorial

Exponential Smoothing What is Exponential Smoothing? Exponential Smoothing Forecaset with a = .3 h2. What is Exponential Smoothing? A type of weighted moving averaging model Part of many forecasting packages;… 

Jan 25, 2011

Time Series Models: Approaches to Forecasting : A Tutorial

Time Series Models Time Series Models Time Series Components of Demand… Basic Idea Behind Time Series Models Moving Average Models Table of Forecasts & Demand Values… … and Resulting Graph… 

Jan 25, 2011

Basic Rules of Forecasting: Approaches to Forecasting : A Tutorial

Basic Rules of Forecasting p. Forecasts Forecasts Are No Substitue for Calculated Values Two Distinct Approaches to Forecasting h2. What Are the Basic Rules of Forecasts Forecasts are almost always… 

Jan 25, 2011

Introduction: Approaches to Forecasting : A Tutorial

Introduction p. Learning Objectives Requirements of Forecasting Section Outline Learning Objectives By the end of this module, you will be able to: List the basic rules of forecasting, and explain… 

Jan 25, 2011

Qualitative Methods :Measuring Forecast Accuracy : A Tutorial

Qualitative Methods Common Qualitative Forecasting Methods EXAMPLE: Life Cycle analogy Analyzing the Life Cycle Data for the Previous Version Questions to Consider When Using the Life Cycle Analogy to Forecast… 

Jan 25, 2011

Multiple Regression: Approaches to Forecasting : A Tutorial

Multiple Regression Advanced techniques can be used when there is trend or seasonality, or when other factors (such as price discounts) must be considered. What is Multiple Regression? Resulting Forecast…