Management forecasting

Abstract

Examines a number of forecasting techniques used by managers to control operations, emphasising especially the potential dangers of subjective forecasting. Discusses qualitative analysis, in particular the commonly used Delphi method. Considers forecasting performed bymeans of causal factor identification, time serial analysis, and quantitative techniques. Suggests that forecasting demands the use of management services practitioners.

Citation

Baines, A. (1992), "Management forecasting", Work Study, Vol. 41 No. 5, pp. 6-9. https://doi.org/10.1108/EUM0000000002673