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Demand Forecasting

In: Global Supply Chain and Operations Management

Author

Listed:
  • Dmitry Ivanov

    (Berlin School of Economics and Law)

  • Alexander Tsipoulanidis

    (Berlin School of Economics and Law)

  • Jörn Schönberger

    (Technical University of Dresden)

Abstract

In this chapter, demand forecasting methods are considered. At the beginning, the role of demand forecasting in supply chain and operations management is discussed. Next, the role of expert methods in forecasting is analysed and it is demonstrated how to apply statistical methods for forecasting. Subsequently, it is shown how to calculate the forecasts based on statistical methods, understand and apply the measures for forecast quality assessments. The chapter is enriched by an E-Supplement providing additional Excel templates, tasks and video streams.

Suggested Citation

  • Dmitry Ivanov & Alexander Tsipoulanidis & Jörn Schönberger, 2017. "Demand Forecasting," Springer Texts in Business and Economics, in: Global Supply Chain and Operations Management, chapter 11, pages 301-315, Springer.
    • Handle: RePEc:spr:sptchp:978-3-319-24217-0_11
    DOI: 10.1007/978-3-319-24217-0_11
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