Construct · 1 fields · 1 citations

judgmental forecast adjustment: a standalone construct

One name. One construct. A landmark on the map.

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judgmentalforecast adjustment1 CONSTRUCTJudgmental forecastFILDES · BEHAVIORAL OPERATIONS

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Behavioral operations

managers' practice of revising statistical demand forecasts on judgment in supply-chain planning, studied for when such adjustments improve or harm accuracy.

In behavioral operations, judgmental forecast adjustment refers to managers' practice of revising statistical demand forecasts on judgment in supply-chain planning, studied for when such adjustments improve or harm accuracy. This meaning comes from Fildes (2009) in International Journal of Forecasting.[1]

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Nearby constructs

judgmental adjustment1 fields · 1 citationsanchor · a standalone constructaccuracy3 fields · 6 citationsjingle · one word, three constructsbehavioral operations1 fields · 1 citationsanchor · a standalone construct

References

  1. Fildes, R., Goodwin, P., Lawrence, M., & Nikolopoulos, K. (2009). Effective forecasting and judgmental adjustments: an empirical evaluation and strategies for improvement in supply-chain planning. International Journal of Forecasting, 25(1), 3-23. https://doi.org/10.1016/j.ijforecast.2008.11.010

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