Friday, January 14, 2011

Memo Formatting and Friday Suprises

Memo Formatting:
http://www.writing.engr.psu.edu/workbooks/memo_format.html

Well couple of interesting things:
1.  Something that shouldn't have taken very long took.....4 hours!  (oh well...done now)
2.  I got a gentle kick in the butt....which is good for me.  :)  ok.

Now methods of forecasting:

Qualitative (Judgement)

  1. Executive Opinion
  2. Delphi method (panel of experts, queried iteratively)
  3. Sales Force Composite 
  4. Market Research
Quantitative (causal and time series)
  1. Linear Regression (casual)
rest are time series
  1. Naive approach
  2. Moving Averages
  3. Exponential Smoothing
  4. Trend projection
  5. Linear Regression
  6. Seasonal Variation

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