Research into Supply Chain Forecasting Practice

Our research into best practices in forecasting is well under way, and is already providing some new insights in Supply Chain Forecasting, Demand Planning and Forecasting practices in Vendor Managed Inventory (VMI) and Collaborative Planning Forecasting and Replenishment (CPFR).

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Prediction Markets to Forecast Electricity Demand

In this issue we haven Exchange Rate Equations Based on Interest Rate Rules, Forecasting Wheat Output and Profits from Cropping Systems Using Simulation Models, Evaluation of Wavelet-based Core Inflation Measures, Measuring overfitting and mispecification in nonlinear models, Prediction Markets to Forecast Electricity Demand, and more.

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The Forecasting Process: Guiding Principles

Foresight: The International Journal of Applied Forecasting is published by the International Institute of Forecasters. The Summer 2011 issue features the first of a two-part article The Forecasting Process: Guiding Principles.

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Grants for Research on Forecasting

For the ninth year the International Institute of Forecasters (IIF) and SAS have announced financial support for research on how to improve forecasting methods and business forecasting practice. The awards will be two $5,000 grants.

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How To Forecast Commodity Prices

Considering different strategies to forecast near-term commodity price inflation, no particular approach is systematically more accurate and robust. Even more, current forecasts of commodity prices upswings are unreliable signals of future inflationary pressure.

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Forecasting the intraday market price of money

Market efficiency hypothesis suggests a zero level for the intraday interest rate. However, a liquidity crisis introduces frictions related to news, which can cause an upward jump of the intraday rate.

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Forecasting the European Carbon Market

To meet the Kyoto Protocol the European Union introduced a cap-and-trade scheme where mandated installations are allocated permits to emit CO2. Financial markets have developed that allow companies to trade these carbon permits.

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