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- Title
The Application of Product-Group Seasonal Indexes to Individual Products.
- Authors
Mohammadipour, Maryam; Boylan, John; Syntetos, Aris
- Abstract
The article focuses on the traditional forecasting approach for seasonal products which is the method for calculating seasonal indexes for individual products in the business. It notes the method of knowledge of demand at product-group level is a way to improve seasonal-product forecasting. It adds the coefficients of variation (CV) which business can use between individual series or group seasonal indexes. It also mentions the importance of seasonal product group for organization's standard.
- Subjects
SALES forecasting; PRODUCT usage; ECONOMIC indicators; INDEX use studies; ECONOMIC seasonal variations
- Publication
Foresight: The International Journal of Applied Forecasting, 2012, Issue 26, p18
- ISSN
1555-9068
- Publication type
Article