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Properties of expert adjustments on model-based SKU-level forecasts

✍ Scribed by Philip Hans Franses; Rianne Legerstee


Book ID
113648024
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
930 KB
Volume
25
Category
Article
ISSN
0169-2070

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Do experts' adjustments on model-based S
✍ Philip Hans Franses; Rianne Legerstee 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 90 KB

## Abstract Model‐based SKU‐level forecasts are often adjusted by experts. In this paper we propose a statistical methodology to test whether these expert forecasts improve on model forecasts. Application of the methodology to a very large database concerning experts in 35 countries who adjust SKU‐