Paul Goodwin reports on recent research into the theory that combining forecasts from different methods or sources can result in greater forecast accuracy. He cites studies by George Kapetanios, as well as several other researchers, to support the conclusion that "combining forecasts is...

Cover -- Title Page -- Copyright -- Contents -- Acknowledgments -- Prologue -- Chapter 1: Profit from Accurate Forecasting -- 1.1 The Importance of Demand Forecasting -- 1.2 When Is a Forecast Not a Forecast? -- 1.3 Ways of Presenting Forecasts -- 1.3.1 Forecasts as Probability Distributions --...

Purpose – Hard decision analysis models allow complex decisions to be broken down into easier‐to‐handle and precisely defined sub‐problems and also provide a documented rationale for the decision. This paper aims to investigate why the course of action prescribed by a hard decision...