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.
Recommended Citation
Peterson, Samuel Willis, "Sales Forecasting with Smoothed Base Factors and Sinusoids - An Evaluation and Comparison of Two Models" (1969). Master's Essays (1922 - ). 2752.
https://epublications.marquette.edu/essays/2752
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.