Saturday, August 30, 2008

Forecasting, forecast, and Predicts


requirement of Forecasting would increasingly increases in line with desire of management to give comments that is quickly and accurate to opportunity and alteration in coming. However, forecasting meant to be non-wush ... wush byur incantations water soothsayer. In addition, of course sometimes our mind doesn't differentiate between forecasting’s, forecast, and prediction if is heard told [by] people. Dimness that way through this summary will be broken.
Forecasting can be done quantitatively qualitative or. Quantitative forecasting emphasizes usage of exact methods while forecasting qualitative bases on judgment from doing forecasting. Quantitative forecasting not aim is forecast or equally prediction is qualitative forecasting. Forecast viewed as forecasting process of variable in coming with based on the variable data in before all. The past data, systematically is merged through certain method and manage for situation of during which will come. Forecast has two methods grasped, that is: serial method of time, and method causal. Differ from forecast, prediction is processing forecasting of variable in coming by using consideration of subjective or intuitive the diviner. Though subjective but ability, experience, and sensitivity of the diviner sometimes more having standard is mini deviation comparing to forecast. Prediction in its(the existence can apply officer opinion jury method, method Delphi, combination method of sales force, and market response method. Thereby prediction, forecast is forecasting. Not ... the proximate not 3000 product units which will be sold but 2978 product units ... aaah is not true because I felt will only 2976 units ... has, let it over doesn't quarrel we to return just of its(the truth at reality.

No comments: