"Sales Forecasting with Smoothed Base Factors and Sinusoids - An Evalua" by Samuel Willis Peterson
 

Date of Award

4-1969

Degree Type

Master's Essay - Restricted

Degree Name

Master of Business Administration (MBA)

Department

Business Administration

Abstract

Forecasts are indispensable in corporate planning and considerable effort has been expended in recent years to develop mathematical techniques that will generate more accurate forecasts. The availability of the computer has served as a catalyst in this process. In developing techniques which are applicable to the computer, the prime requirements, in addition to accuracy, are minimum core storage and minimum computing time; fortunately, these usually translate into minimum file space and minimum computation time when the forecasts are generated manually. /ID. additional requirement in a fast moving economy is that a forecasting model be capable of adapting easily and quickly to changing demand requirements. The traditional moving average model for forecasting sales, orders, inventory disbursements, and other categories of demand is not well suited to this requirement.

Comments

An Essay Presented to the Faculty of the Graduate School Marquette University in Partial Fulfillment of the Requirements for the Degree Master of Business Administration, Milwaukee, Wisconsin.

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