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Measuring demand uncertainty is a key activity in supply chain planning. Of various methods ofestimating the standard deviation of demand, one that has been employed successfully in therecent literature uses dispersion among expertsacirc; forecasts. However, there has been limitedempirical...
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Measuring demand uncertainty is a key activity in supply chain planning, but it is difficult when demand history is unavailable, such as for new products. One method that can be applied in such cases uses dispersion among forecasting experts as a measure of demand uncertainty. This paper...
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Firm-level sales forecasts for retailers can be improved if we incorporate cost of goods sold, inventory, and gross margin (defined by us as the ratio of sales to cost of goods sold) as three endogenous variables. We construct a simultaneous equations model, estimated using public financial and...
Persistent link: https://www.econbiz.de/10014212667
Firm-level sales forecasts for retailers can be improved if we incorporate cost of goods sold, inventory, and gross margin (defined by us as the ratio of sales to cost of goods sold) as three endogenous variables. We construct a simultaneous equations model, estimated using public financial and...
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