Table 11-2: Satisfaction with forecasting methods (as a percentage of those re- sponding). Source: Mentzer and Cox

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Table 11-2: Satisfaction with forecasting methods (as a percentage of those re-

sponding). Source: Mentzer and Cox (1984).

and apply while its post-sample accuracy (see below) is often not better than that of much simpler methods, such as exponen-

tial smoothing. Wilson (1996) reports a higher satisfaction rate than that indicated in Table 11-2, but the reason is probably because many of his respondents were academics.

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Forecasting Methods And Applications

ISBN: 9780471532330

3rd Edition

Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman

Question Posted: Oct 17, 2024 05:02 AM

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Table 11-2: Satisfaction with forecasting methods (as a percentage of those re- sponding). Source: Mentzer and Cox

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Forecasting Methods And Applications

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