Showing 1 - 5 of 5
Forecasting plays a special role in supply chain management with sales forecasts representing one of the key drivers for collaborative planning and decision making in the organisations involved. We review the important role played by judgemental forecasts in this area, focusing on group...
Persistent link: https://www.econbiz.de/10011051817
This paper aims to examine potential differences in perceived usefulness of various forecasting formats from the perspectives of providers and users of predictions. Experimental procedure consists of asking participants to assume the role of forecast providers and to construct forecasts using...
Persistent link: https://www.econbiz.de/10005358193
The paper reports a study of the impact on user satisfaction and forecast accuracy of user involvement in the design of a forecasting decision support system (FDSS). Two versions of an FDSS were tested via a laboratory study. Version 1, allowed the user control over all aspects of the system...
Persistent link: https://www.econbiz.de/10005206010
Restrictiveness and guidance have been proposed as methods for improving the performance of users of support systems. In many companies computerized support systems are used in demand forecasting enabling interventions based on management judgment to be applied to statistical forecasts. However,...
Persistent link: https://www.econbiz.de/10008869784
The complementary strengths that management judgment and statistical methods can bring to the forecasting process have been widely discussed. This paper reviews research on the effectiveness of methods that are designed to allow judgment and statistical methods to be integrated when short-term...
Persistent link: https://www.econbiz.de/10005358570