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Taking Stock: Assessing the True Cost of Forecast Errors

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  • Paul Goodwin

Abstract

Goodwin comments on the drawbacks and problems involved in using off-the-peg error metrics and cites studies by several recent researchers on the accuracy and effectiveness of these metrics. Copyright International Institute of Forecasters, 2009

Suggested Citation

  • Paul Goodwin, 2009. "Taking Stock: Assessing the True Cost of Forecast Errors," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 15, pages 8-11, Fall.
    • Handle: RePEc:for:ijafaa:y:2009:i:15:p:8-11
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    Cited by:

    1. Ali, Mohammad M. & Boylan, John E. & Syntetos, Aris A., 2012. "Forecast errors and inventory performance under forecast information sharing," International Journal of Forecasting, Elsevier, vol. 28(4), pages 830-841.
    2. Babai, M. Zied & Ali, Mohammad M. & Nikolopoulos, Konstantinos, 2012. "Impact of temporal aggregation on stock control performance of intermittent demand estimators: Empirical analysis," Omega, Elsevier, vol. 40(6), pages 713-721.

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