FVA: A Reality Check on Forecasting Practices

Mike Gilliland

Foresight: The International Journal of Applied Forecasting, 2013, issue 29, 14-18

Abstract: Mike Gilliland has long advocated the use of a forecast value added (FVA) metric to assess the effectiveness of managerial adjustments to statistical forecasts as well as other individual phases of the forecasting process. FVA has caught on in many companies as an aid in eliminating unnecessary or even harmful actions Ð something for all businesses to think about. Copyright International Institute of Forecasters, 2013

Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://foresight.forecasters.org/shop/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2013:i:29:p:14-18

Access Statistics for this article

More articles in Foresight: The International Journal of Applied Forecasting from International Institute of Forecasters Contact information at EDIRC.
Bibliographic data for series maintained by Michael Gilliland ().