Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
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.
GeKay stock is worth $100, or $80, or $60. Investors believe that each case is equally likely so that the current share price is the average, namely $80. Suppose Mr. Satanak, th
David Abbot is interested in purchasing a bond issued by Sony. He has obtained the following information on the security: Par value $1000, coupon interest rate 6.0%, corporate tax
Preview division divides M proportional to preview demand, i.e., each SKU n 2N gets fraction This method is included because it is used by the case company, in combination
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
Question: "Banks have plenty of motives for developing risk-based practices and the risk models. In addition, regulators made this development a major priority for the banking
Method is the ?rst of two methods proposed by Mantrala and Rao (2001) and has been reviewed in Section 2.We use a simpli?ed version, with ?xed prices and for a single period. Furth
Question: (a) Describe why the discount rate equals opportunity cost of capital? (b) "Nominal rate less inflation rate is equal to real rate of return" - Is it true? Why or
How would you evaluate a proposed merger?
A owns all of the X stock with a basis of $200. A's three sons own all of the Y stock equally. X and Y each have E&P of $100, respectively. A sells one half of the X stock to Y
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
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd