Download - Business Management - Analysis
![Page 1: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/1.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Forecasting in Business
Mohammad Tawfik
![Page 2: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/2.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
What is forecasting?
● Forecasting is the process of making statements about events whose actual outcomes (typically) have not yet been observed.
Wikipedia
![Page 3: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/3.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Why Forecasting?
![Page 4: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/4.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Predicting the future!
![Page 5: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/5.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Inventory requirements
![Page 6: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/6.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Financial requirements
![Page 7: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/7.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Shipping requirements
![Page 8: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/8.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Market expectations
![Page 9: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/9.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Human resources requirements
![Page 10: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/10.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
A good forecast must be ...
![Page 11: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/11.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Meaningful
![Page 12: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/12.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Reliable
![Page 13: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/13.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Accurate
![Page 14: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/14.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Timely
![Page 15: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/15.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
How?
![Page 16: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/16.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Data, Data, Data!
![Page 17: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/17.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Naive forecasting
![Page 18: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/18.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Judgmental forecasting
![Page 19: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/19.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Crowd wisdom
![Page 20: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/20.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Weighted averages
![Page 21: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/21.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Time regression
![Page 22: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/22.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Steps of forecasting
![Page 23: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/23.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Determine purpose
![Page 24: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/24.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Establish time horizon
![Page 25: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/25.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Select technique
![Page 26: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/26.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Obtain data
![Page 27: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/27.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Forecast!
![Page 28: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/28.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Follow up
![Page 29: Business Management - Analysis](https://reader034.vdocument.in/reader034/viewer/2022051710/5a6d42a97f8b9ae5418b5179/html5/thumbnails/29.jpg)
http://WikiCourses.WikiSpaces.com
http://AcademyOfKnowledge.orgAnalysis - Business EngineersMohammad Tawfik
Bibliography
● BUSINESS-PLAN FORECASTING, by Steven D. Peterson, Peter E. Jaret, Barbara Findlay Schenck
● Excel Sales Forecasting For Dummies, by Conrad Carlberg
● Sales Forecasting: A Practical Guide, by Mark Blessington● Sales and Operations Planning The How-To Handbook,
by Thomas F. Wallace and Robert A Stahl● Introduction to Financial Forecasting in Investment Analys,
by John Guerard