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Forecasting Methods Addressing The Need

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  1. Page 1

    Forecasting Methods Addressing The Need, page 11Forecasting MethodsAddressing the Need

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    Forecasting Methods Addressing The Need, page 2

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    Forecasting Methods Addressing The Need, page 3© 2010 Wipro Ltd-Confidential22Table of ContentsIntroductionTypes of Forecasting MethodsBenefits & Applications ofForecastingReferences

  4. Page 4

    Forecasting Methods Addressing The Need, page 4© 2010 Wipro Ltd-Confidential33IntroductionForecastingWhat isneed?What is it?Benefits?Applications?

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    Forecasting Methods Addressing The Need, page 5© 2010 Wipro Ltd-Confidential44IntroductionWhat is Forecasting?Process of making statements about events whoseactual outcomeshave not yet been observed.Example, estimation of expected value of a variableWhat is the need for Forecasting?•To evaluate performance•For control•For effective management•For planning

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    Forecasting Methods Addressing The Need, page 6© 2010 Wipro Ltd-Confidential55Table of ContentsIntroductionForecasting MethodsBenefits & Applications of ForecastingReferences

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