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Budget process evolution and maturity in healthcare organizations traditionally has lagged other industries, where leading-edge and data-driven forecasting approaches are currently evolving. Most ...

Sales forecasters balance past sales data with information on market conditions, politics, fashion and even the weather to predict future sales. Sales forecasts thus help business owners plan strategy ...

Alongside accounting basics, understanding the different financial forecasting models and how to implement the model that’s right for your startup’s business plan is absolutely essential. Alongside ...

Ronald L. Iman, Mark E. Johnson and Charles C. Watson,. Jr. Virtually every aspect of hurricane planning and forecasting involves (or should involve!) the science of statistics. The very active 2004 ...

Nate Silver is an intriguing man. A statistician by training, he developed a system for forecasting baseball performance that has had real influence on how the top teams evaluate potential players.

This is an excerpt of the original article. It was written for the July-August 2017 edition of Supply Chain Management Review. The full article is available to current subscribers. A few years ago, a ...

This is a preview. Log in through your library . Abstract Exponential Smoothing, Moving Average, and Least Squares forecasting models were tested by simulating their operation on seven years of actual ...

Just about every human decision about the future is tainted by a gap — the difference between what we think we know and what we actually know. The more expert we are, the wider the gap is likely to be ...