Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business
In the dissertation, the importance of forecasting in the field of logistics, especially procurement is highlighted. Various forecasting techniques, including na?ve, simple moving average, exponential smoothing, day in week and regression analysis, are discussed and compared. The parameter used to d...
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sg-ntu-dr.10356-56912023-03-11T17:11:56Z Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business Ee, Khong Kie Lam, Soi Hoi School of Mechanical and Production Engineering DRNTU::Engineering::Industrial engineering In the dissertation, the importance of forecasting in the field of logistics, especially procurement is highlighted. Various forecasting techniques, including na?ve, simple moving average, exponential smoothing, day in week and regression analysis, are discussed and compared. The parameter used to determine the optimal model is the Mean Squared Error (MSE). Master of Science (Logistics) 2008-09-17T10:56:49Z 2008-09-17T10:56:49Z 2003 2003 Thesis http://hdl.handle.net/10356/5691 Nanyang Technological University application/pdf |
| institution |
Nanyang Technological University |
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NTU Library |
| continent |
Asia |
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Singapore Singapore |
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NTU Library |
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DR-NTU |
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DRNTU::Engineering::Industrial engineering |
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DRNTU::Engineering::Industrial engineering Ee, Khong Kie Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| description |
In the dissertation, the importance of forecasting in the field of logistics, especially procurement is highlighted. Various forecasting techniques, including na?ve, simple moving average, exponential smoothing, day in week and regression analysis, are discussed and compared. The parameter used to determine the optimal model is the Mean Squared Error (MSE). |
| author2 |
Lam, Soi Hoi |
| author_facet |
Lam, Soi Hoi Ee, Khong Kie |
| format |
Theses and Dissertations |
| author |
Ee, Khong Kie |
| author_sort |
Ee, Khong Kie |
| title |
Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| title_short |
Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| title_full |
Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| title_fullStr |
Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| title_full_unstemmed |
Comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| title_sort |
comparing the efficacy of different forecasting methods for demand projections in a fast food retail business |
| publishDate |
2008 |
| url |
http://hdl.handle.net/10356/5691 |
| _version_ |
1761781152715112448 |