School of Business
Department of Management Information Systems
BMIS360: Operations Management
Chapter 4 | Part 3
Forecasting Demand
Spring 2020 - 2021
BMIS360 - CHAPTER 4
,Learning Objectives
⮚Compute three measures of forecast
accuracy
⮚Develop seasonal indexes
⮚Conduct a regression and correlation
analysis
BMIS360 - CHAPTER 4
, ⮚What Is Forecasting?
⮚Types Of Forecasts
⮚The Strategic Importance of Forecasting
Outline ⮚Seven Steps in the Forecasting System
⮚Forecasting Approaches
BMIS360 - CHAPTER 4
Department of Management Information Systems
BMIS360: Operations Management
Chapter 4 | Part 3
Forecasting Demand
Spring 2020 - 2021
BMIS360 - CHAPTER 4
,Learning Objectives
⮚Compute three measures of forecast
accuracy
⮚Develop seasonal indexes
⮚Conduct a regression and correlation
analysis
BMIS360 - CHAPTER 4
, ⮚What Is Forecasting?
⮚Types Of Forecasts
⮚The Strategic Importance of Forecasting
Outline ⮚Seven Steps in the Forecasting System
⮚Forecasting Approaches
BMIS360 - CHAPTER 4