Survey results of the IBF forecasting conference

Article Abstract:

An Institute of Business Forecasting survey conducted at the 1996 Business Forecasting: Best Practices Conference provided some insight into major companies' forecasting practices. In many firms, there is no centralized forecasting function and various departments create their own forecasts. Just over 50% of respondents indicated that their firm has two or fewer full-time forecasters.

Editorial, Research

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Benchmarking forecasting models

Article Abstract:

The different types of business forecasting models, namely, the time series, cause and effect, and judgemental models, are described. Time series models include simple trend and Box Jenkins, while cause and effect models include neural network and econometrics. The procedures involved in using the various kinds of forecasting models are also given.

United States

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Benchmarking forecasting models

Article Abstract:

A focus on three types of business forecasting models and their implementation is presented.

Methods, Benchmarks, Benchmarking, Benchmark

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