This operations management lecture is a discussion of univariate forecasting techniques. Techniques discussed are simple moving averages, weighted moving averages, simple exponential smoothing, trend-adjusted exponential smoothing (also known as double exponential smoothing and Holt exponential smoothing), simple regression, linear regression, and linear regression. Also discussed are techniques for seasonality. Approaches discussed are centered moving average and simple averaging.
My university students can access the video tutorials for operations management using the Content menu in D2L. YouTube can access the video tutorials at https://www.udemy.com/course/working-operations-management-problems/learn/lecture/870444?referralCode=32A13BE7F024980C0BE6#overview
The next video in my forecasting series is Measuring Forecast Accuracy. It can be found here: https://youtu.be/iakho1ngFME
