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Forecasting

Forecasting. Chapter 1. Uses of Forecasts. Operations Planning and Control Marketing Economics Financial Speculation Financial Risk Management Capacity planning, Government Budgeting Demography, Crisis Management. Uses (cont.). Capacity Planning Business and Government Budgeting

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Forecasting

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  1. Forecasting Chapter 1

  2. Uses of Forecasts • Operations Planning and Control • Marketing • Economics • Financial Speculation • Financial Risk Management • Capacity planning, Government Budgeting • Demography, Crisis Management

  3. Uses (cont.) • Capacity Planning • Business and Government Budgeting • Demography • Crisis Management

  4. Steps in Learning to Forecast • Building Statistical Models • Building Forecasting Models • Univariate Models • Multivariate Models • Time Series Models • Econometric Models • Learning to Work with Data

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