normality assumption. We apply our approach to a large data set of SKU-level sales forecasts made by experts and we compare the … outcomes with those for statistical model-based forecasts of the same sales data. We find substantial evidence for asymmetry in …We propose a new and simple methodology to estimate the loss function associated with experts' forecasts. Under the …

normality assumption. We apply our approach to a large data set of SKU-level sales forecasts made by experts and we compare the … outcomes with those for statistical model-based forecasts of the same sales data. We find substantial evidence for asymmetry in …We propose a new and simple methodology to estimate the loss function associated with experts' forecasts. Under the …

Experts can rely on statistical model forecasts when creating their own forecasts. Usually it is not known what experts … realizations of SKU-level sales data from a pharmaceutical company. We find that expert forecasts can depend on model forecasts in … a variety of ways. Average sales levels, sales volatility, and the forecast horizon influence this dependence. We also …