Improving judgmental adjustment of model-based forecasts

DOI10.1016/J.MATCOM.2012.11.007zbMATH Open1499.62445OpenAlexW2039413299MaRDI QIDQ2227403FDOQ2227403

Authors: Philip Hans Franses 

Publication date: 15 February 2021

Published in: Mathematics and Computers in Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.matcom.2012.11.007

Recommendations

• Using judgment to select and adjust forecasts from statistical models
• Do experts' adjustments on model-based SKU-level forecasts improve forecast quality?
• A field study of sales forecasting accuracy and processes
• Enriching demand forecasts with managerial information to improve inventory replenishment decisions: exploiting judgment and fostering learning
• Is forecasting with large models informative? Assessing the role of judgement in macroeconomic forecasts

zbMATH Keywords

forecast accuracyexpert forecastsstatistical model forecasts

Mathematics Subject Classification ID

Applications of statistics to economics (62P20)

Cites Work

• Tests of equal forecast accuracy and encompassing for nested models
• Do experts' adjustments on model-based SKU-level forecasts improve forecast quality?

Cited In (4)

• Do experts' adjustments on model-based SKU-level forecasts improve forecast quality?
• On Depth of Immersion in Forecasting Task
• A field study of sales forecasting accuracy and processes
• Use of contextual and model-based information in adjusting promotional forecasts

This page was built for publication: Improving judgmental adjustment of model-based forecasts

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2227403)