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Managerial Judgment: Best as an Input to the Statistical Forecasting Process

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  • Rob Dhuyvetter

Abstract

Rob Dhuyvetter shares his ideas and experience at the J. R. Simplot Company on the combining of statistical and judgmental forecasts. His main recommendation is to bring managerial judgment directly into the development of the statistical forecasting model rather than limiting managerial judgment to the adjustment of the outputs of statistical forecasting models. Copyright International Institute of Forecasters, 2005

Suggested Citation

  • Rob Dhuyvetter, 2005. "Managerial Judgment: Best as an Input to the Statistical Forecasting Process," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 2, pages 24-26, October.
  • Handle: RePEc:for:ijafaa:y:2005:i:2:p:24-26
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