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Chapter Outline
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Wal-Mart's Data Warehouse

Demand Management

Dependent demand defined
Independent demand defined

Types of Forecasting

Time series analysis defined

Components of Demand

Qualitative Techniques in Forecasting

Time Series Analysis

Simple moving averageExponential smoothing defined
Weighted moving averageSmoothing constant alpha (a) defined
Exponential smoothingSmoothing constant delta (ß) defined
Forecast errorsMean absolute deviation (MAD) defined
Linear regression analysisTracking signal defined
Decomposition of a time seriesLinear regression forecasting defined

Causal Relationship Forecasting

Multiple regression analysis
Causal relationship defined

Focus Forecasting

Methodology of focus forecastingFocus forecasting defined

Web-Based Forecasting: Collaborative Planning, Forecasting, and Replenishment (CPFR)

Conclusion

Case: Altavox Electronics








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