Meteorologists predict what the weather will be like, whether it be tomorrow or the next few hours. Demand forecasters predict what customers will buy and how much, whether it be next week, next month or next year. When a weather forecast is wrong, we don’t hold the meteorologist accountable. We may grumble about the inconvenienceContinue reading “Weather Forecasting vs. Demand Forecasting: A Case of Different Expectations”
We expect nothing less from those who provide what we feel we deserve.