Publisher's Synopsis
This comprehensive, easy-to-use reference explains which forecasting methods work, which do not - and why. Leading forecasters, planners and developers address specific issues and problems of forecasting, including management requirements for forecasts, techniques for preparing forecasts, issues in forecasting applications and managing the forecasting function. This updated edition features new chapters on load forecasting, demographic forecasting, high-order smoothing methods, ARIMA models and forecasting using experience curves.;Also examined are the forecasting challenges of the 80's and pinpoint guidance to management planning techniques are offered.