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Principles of Forecasting - A Handbook for Researchers and Practitioners (Hardcover)
Loot Price: R14,447
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Principles of Forecasting - A Handbook for Researchers and Practitioners (Hardcover)
Series: International Series in Operations Research & Management Science, 30
Expected to ship within 10 - 15 working days
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Principles of Forecasting: A Handbook for Researchers and
Practitioners summarizes knowledge from experts and from empirical
studies. It provides guidelines that can be applied in fields such
as economics, sociology, and psychology. It applies to problems
such as those in finance (How much is this company worth?),
marketing (Will a new product be successful?), personnel (How can
we identify the best job candidates?), and production (What level
of inventories should be kept?). The book is edited by Professor J.
Scott Armstrong of the Wharton School, University of Pennsylvania.
Contributions were written by 40 leading experts in forecasting,
and the 30 chapters cover all types of forecasting methods. There
are judgmental methods such as Delphi, role-playing, and intentions
studies. Quantitative methods include econometric methods, expert
systems, and extrapolation. Some methods, such as conjoint
analysis, analogies, and rule-based forecasting, integrate
quantitative and judgmental procedures. In each area, the authors
identify what is known in the form of if-then principles', and they
summarize evidence on these principles. The project, developed over
a four-year period, represents the first book to summarize all that
is known about forecasting and to present it so that it can be used
by researchers and practitioners. To ensure that the principles are
correct, the authors reviewed one another's papers. In addition,
external reviews were provided by more than 120 experts, some of
whom reviewed many of the papers. The book includes the first
comprehensive forecasting dictionary.
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