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Navigable Slide Index

1. Introduction
2. Talk structure
3. Importance
4. Profit vs. load factor
5. Need to predict the future
6. The trend illusion
7. Problem of time series prediction
8. Time series
9. Overview of methods
10. Holt's method - example
11. Seasonal demand for rooms
12. Method selection
13. Extrapolative methods
14. Judgmental forecasting
15. Cross impact matrices
16. Common biases
17. Improving forecasts
18. Forecasting steps
19. Limits to forecasting
20. International institute of forecasters
21. Principles of forecasting
22. Improving forecasts: the forecasting canon
23. Monitoring
24. Asymmetric errors
25. Control - individual chart
26. Control - CuSum
27. Feedback systems
28. Challenges
29. References

Topics Covered

• Profit versus load factor
• Need to predict the future
• The trend illusion
• Overview of methods
• Method selection
• Judgmental forecasting
• Cross impact matrices
• Common biases
• Forecasting steps
• Limits to forecasting
• Improving forecasts
• Monitoring
• Control
• Feedback systems
• Challenges

Links

Series:

• Practical Pricing and Revenue Management

Categories:

• Finance, Accounting & Economics

Talk Citation

Publication History

• Published on October 28, 2009