Forecasting methods, Corporate Finance

Assignment Help:

In this paper, we propose new forecasting methods based on advance demand information, and perform a case study to compare them to existing ones based on advance demand information and also to methods based on expert judgments. Numerical results are obtained using data from a large mail order/Internet retailer based in the Netherlands. This company currently bases its forecasts on advance demand information. Based on a data set of around seven hundred SKUs and for two successive summer seasons, we compare the accuracy of the various methods based on advance demand information. For a smaller subset of around one hundred SKUs, we also obtained forecasts from a number of company experts. For this subset, we compare methods based on these expert judgments to methods based on advance demand information.

The remainder of the paper is organized as follows:We will ?rst give an overview of the relevant literature in Section and outline our contributions. In Section, we describe the different forecasting methods. Section introduces the case company and available data in more detail. Finally, we present our conclusions, discuss limitations, and provide directions for further research.


Related Discussions:- Forecasting methods

Accumulative swing index - asi, It is an indicator used by traders to judge...

It is an indicator used by traders to judge a security's long-term trend by comparing bars which comprise its closing,   opening, high and low prices during a specific period of ti

Cost of capital, i have a project due on the cost of capital for a specific...

i have a project due on the cost of capital for a specific company 3500 word limit, can you help me

What is the cost of the option contract, Question: In view of its inter...

Question: In view of its international operations management, Remo Ltd which is based in USA expects to make a payment of £ 50,000 to a UK supplier for raw materials in six mon

Chapter 9 solution, Ask question #solution of question to discuss 4

Ask question #solution of question to discuss 4

Finance Project, You have just graduated from Stanford''s MBA program and h...

You have just graduated from Stanford''s MBA program and have secured a position as a fund manager for a well known investment banking house. You have been given $300 million to m

Efficiency, differentiate between pricing efficiency and allocative efficie...

differentiate between pricing efficiency and allocative efficiency

What do you understand by internal control, Question: The District Cash...

Question: The District Cash Offices represents the decentralisation of services provided by the Accountant - General Department, specially in the collection and accounting of r

Portfolio duration, how to calculate duration of a portfolio by using the a...

how to calculate duration of a portfolio by using the average maturity, average coupon rate and average yield of maturity?

IRR & WACC, I have been given 3 different types of projects. They state th...

I have been given 3 different types of projects. They state the IRR and how much the project will add. The question goes on to give a WACC with break points. The question wants

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd