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    Orange Noida
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    This document discusses demand forecasting methods used by Amity School of Business. It defines forecasting as estimating future demand for products and services and the resources needed to produce them. The document outlines both qualitative and quantitative forecasting methods, with quantitative methods including moving average, weighted moving average, exponential smoothing, and linear regression. Qualitative methods covered are educated guess, consensus, Delphi, historical analogy, and market research.

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    This document discusses demand forecasting methods used by Amity School of Business. It defines forecasting as estimating future demand for products and services and the resources needed to produce them. The document outlines both qualitative and quantitative forecasting methods, with quantitative methods including moving average, weighted moving average, exponential smoothing, and linear regression. Qualitative methods covered are educated guess, consensus, Delphi, historical analogy, and market research.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    13 views6 pages

    POM Module 2

    Uploaded by

    Orange Noida
    This document discusses demand forecasting methods used by Amity School of Business. It defines forecasting as estimating future demand for products and services and the resources needed to produce them. The document outlines both qualitative and quantitative forecasting methods, with quantitative methods including moving average, weighted moving average, exponential smoothing, and linear regression. Qualitative methods covered are educated guess, consensus, Delphi, historical analogy, and market research.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 6

    Amity School of Business

    Module 2 Demand Forecasting

    Amity School of Business

    Forecasting

    Definition

    Amity School of Business

    1. Forecasting is the estimate of the future demand for the products to be manufactured & the desired services along with the resources necessary to produce these outputs. 2. Forecasting is scientifically calculated guess.

    4/10/2012

    Forecasting Methods
    Qualitative Methods Quantitative Methods

    Amity School of Business

    4/10/2012

    Quantitative Forecasting Methods


    Moving Average Weighted Moving Average Exponential Smoothing Forecast Linear Regression

    Amity School of Business

    4/10/2012

    Qualitative Forecasting Methods


    Educated Guess Consensus Delphi Historical Analogy MR

    Amity School of Business

    4/10/2012

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