Click on the following links. Please note these will open in a new window.

 

Whiteboard Example Videos 

These videos, based on examples in the book, show how to set up and solve equations. 

Example 6.1
Calculating 3-Week  and 6-Week Simple Moving Average Forecasts

Example 6.2
Calculating 3-Week and 6-Week Weighted Moving Average Forecasts with Weights (0.5, 0.3, 0.2) and (0.3,0.2, 0.2,0.2, 0.2, 0.1)

Example 6.3
Calculating Exponential Smoothing Forecasts, with Smoothing Constants of 0.3 and 0.6

Example 6.4
Creating a Linear Trend Forecast

Example 6.5
Creating a Simple Linear Regression Forecast

Example 6.6
Forecast Accuracy Measures

Example 6.7
Comparing the 3-Week Simple Moving Average and Two Exponential Smoothing Forecasts Using the MAD

Example 6.8
Production Planning Strategies at Speedy Bike

 

Video

"Improving Demand Forecasting at Lowe's"
Watch a discussion of forecasting at a major retailer

"The Secret of Business Forecasting"
Watch here to learn the secret of business forecasting

"Onagawa City submerged in Tsunami #2"
View footage of the Tohoku earthquake and tsunami

"Intro to Moving Average in Excel"
Watch a demonstration of simple moving average forecasting with Excel

"The Best Forecast for 2011: Build Your Own Economic Measures"
Watch a discussion of forecasting and accuracy

"Air India's contingency plan"
Watch a discussion of Air India's contingency plan

 

Web Resources

"Robots Are the New Seamstresses"
See how collaboration among companies can create efficiency