Forecasting Methods Overview

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This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories of approaches: Quantitative and Qualitative.

Quantitative forecasting approaches use historical data and correlative association to make forecasts. Qualitative forecasting approaches look at the opinions of experts, consumers, decision makers, and other stakeholders.

This video is about basic forecasting methods and covers 9 of the most common approaches. Avercast forecasting software makes good use of these approaches and is powered by over 200 algorithms.
  1. Avercast, LLC
  2. Forecasting Methods
  3. Quantitative Forecasting
  4. Qualitative Forecasting
  5. Time-series Forecasting
  6. Associative Model Forecasting
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Комментарии
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Thanks for the video! These quantitative methods are definitely some of the most basic tools in this field, but they have a great bang for their buck on non-trended data.

rshharrison
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Thank you for the introduction sir. You have done a wonderful job explaining the basics of forecasting and I am sure its going to help a lot. Thanks again.

vijayvivek
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Exactly what I was looking for! Thank you.

django
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Many thanks for the video, appreciated .

DrShawady
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I like it... thankyou! really hope for the detail explanation of each methods from you.. it helps a lot!

dwihestiakmaliza
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Dear Friends, I understand that demand plan is the supply chain department's forecast based on sales history and market sensitivity, and it is used to counter the sale forecast from sales department, right ?.

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