Enhancing the Efficacy of Predictive Analytical Modeling in Operational Management Decision Making
Description:
In this work, we focus on enhancing the efficacy of predictive modeling in operational management decision making in two different settings: Essay 1 focuses on demand forecasting for the companies and the second study utilizes longitudinal data to analyze the illicit drug seizure and overdose deaths in the United States. In Essay 1, we utilize an operational system (newsvendor model) to evaluate the forecast method outcome and provide guidelines for forecast method (the exponential smoothing m…
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Date:
August 2019
Creator:
Najmizadehbaghini, Hossein