Showing 1 - 10 of 14
Successful ICT policy analyses and implementation rely on a sufficient knowledge of how and why consumers adopt new technologies. For instance, analysts of the digital divide may need to quantify the factors that are perceived to drive this ICT usage gap. This paper focuses on understanding the...
Persistent link: https://www.econbiz.de/10009433493
Aggregate models of innovation diffusion do not capitalise on valuable consumer adoption dynamics that emerge from consumer surveys. This is despite other modelling strategies which suggest that such dynamics may be very important to the process of diffusion. We present a segmental Gompertz...
Persistent link: https://www.econbiz.de/10009433496
Empirical research suggests that quantitatively derived forecasts are very frequently judgementally adjusted. Nevertheless, little work has been conducted to evaluate the performance of these judgemental adjustments in a practical demand/sales context. In addition, the relevant analysis does not...
Persistent link: https://www.econbiz.de/10009428530
Demand forecasting is a crucial aspect of the planning process in supply-chain companies. The most common approach to forecasting demand in these companies involves the use of a computerized forecasting system to produce initial forecasts and the subsequent judgmental adjustment of these...
Persistent link: https://www.econbiz.de/10009428621
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/10009428723
Twenty-five years ago, the International Institute of Forecasters was established β€œto bridge the gap between theory and practice.” Its primary vehicle was the Journal of Forecasting and is now the International Journal of Forecasting. The Institute emphasizes empirical comparisons of...
Persistent link: https://www.econbiz.de/10009439169
An avalanche of articles has described the testing of a time series for the presence of unit roots. However, economic model builders have disagreed on the value of testing and how best to operationalise the tests. Sometimes the characterization of the series is an end in itself. More often, unit...
Persistent link: https://www.econbiz.de/10009467768
Judgmental adjustments to statistically generated forecasts have become a standard practice in demand forecasting, especially at a stock keeping units level. However, due to the subjective nature of judgmental interventions this approach cannot guarantee optimal use of available information and...
Persistent link: https://www.econbiz.de/10009433457
Forecasting researchers, with few exceptions, have ignored the major forecasting controversy facing the world in the early 21st Century: namely, whether and by how much the earth is warming; and the role of climate modelling in reaching any conclusions on this challenging topic. In contrast,...
Persistent link: https://www.econbiz.de/10009433460
The paper shows that due to the features of SKU (stock-keeping unit) demand data wellknown error measures previously used to analyse the accuracy of adjustments are generally not advisable for the task. In particular, percentage errors are affected by outliers and biases arising from a large...
Persistent link: https://www.econbiz.de/10009433464