Evaluating Forecast Accuracy
Leading to Improve Forecasting Accuracy
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The fast changing market requires firms to improve their forecast accuracy, which help them balance the issues of supply and demand. A typical supply chain issue - Bullwhip effect, has to be minimized through improving forecast accuracy. This book mainly offers a series of available forecasting methods, which help managers make a correct forecasting decision based on different business contexts. Using a corrective forecasting method enables the firms to receive sustainable competitive advantages.
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