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Document (1) D Forcasting

The document outlines a structured approach to demand forecasting using quantitative methods, including time series analysis, causal models, and machine learning. It provides examples of techniques such as moving averages, regression analysis, and the use of AI for accurate predictions. The content is intended for presentation slides, emphasizing the importance of data-driven insights in estimating market demand.

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chakrabortyindesh
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16 views3 pages

Document (1) D Forcasting

The document outlines a structured approach to demand forecasting using quantitative methods, including time series analysis, causal models, and machine learning. It provides examples of techniques such as moving averages, regression analysis, and the use of AI for accurate predictions. The content is intended for presentation slides, emphasizing the importance of data-driven insights in estimating market demand.

Uploaded by

chakrabortyindesh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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[04/02, 6:14 pm] Dip: Example: A smartphone manufacturer gathers

predictions from its regional sales teams to

Estimate demand for its latest model in different markets.

[04/02, 6:21 pm] Dip: Here’s a **concise and well-structured** version for
your PowerPoint slides:

### **Slide 1: Quantitative Methods**

- Use mathematical models, statistics, and historical data for accurate


demand forecasting.

- Provide objective, data-driven predictions.

### **Slide 2: Key Quantitative Techniques**

#### **1. Time Series Analysis** (Identifies trends, patterns & seasonality)

- **Moving Average**: Smooths short-term fluctuations by averaging past


data.

*Example:* A retailer uses a 3-month moving average to forecast winter


jacket demand.

- **Exponential Smoothing**: Gives more weight to recent data for trend-


sensitive forecasts.

*Example:* A grocery chain predicts demand for perishable goods,


considering holiday spikes.

- **Seasonal Decomposition**: Breaks data into trend, seasonal, and random


components.
*Example:* A travel agency forecasts vacation package demand for peak
seasons.

Would you like me to add **charts or visuals** for better engagement?

[04/02, 6:23 pm] Dip: ### **Slide 3: Causal Models**

Use relationships between demand and influencing factors (price,


advertising, income, economy).

- **Regression Analysis**: Models demand based on independent variables.

*Example:* A beverage company predicts soda demand using temperature,


price & ads.

- **Econometric Models**: Combines economic theory & statistics for


complex forecasting.

*Example:* A government agency forecasts energy demand based on GDP


& industry trends.

### **Slide 4: Machine Learning & AI**

Use advanced algorithms to analyze big data for accurate forecasting.

- Detects patterns, trends & anomalies in real-time.

- *Example:* Amazon predicts demand using purchase history, browsing


behavior & trends.

Would you like to add **visual elements** like icons, charts, or infographics
for clarity?

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