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Forecasting Demand for Services

Forecasting Demand for Services. Learning Objectives. Recommend the appropriate forecasting model for a given situation. Conduct a Delphi forecasting exercise. Describe the features of exponential smoothing.

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Forecasting Demand for Services

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  1. Forecasting Demand for Services

  2. Learning Objectives • Recommend the appropriate forecasting model for a given situation. • Conduct a Delphi forecasting exercise. • Describe the features of exponential smoothing. • Conduct time series forecasting using exponential smoothing with trend and seasonal adjustments.

  3. Delphi Forecasting ExerciseIn what future election will a woman become President of the United States?

  4. Delphi MethodNuclear Power Industry Example

  5. Historical Analogy

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