This technical note is part of a set that focuses on the basics of forecasting, including demand forecasting basics, moving averages, and fitting a curve. While designed to be used together, these three notes can also be used as stand-alone documents to support particular learning objectives. The other two notes in this set are “Forecasting: Demand Forecasting” (UVA-OM-1663); and “Forecasting: Moving Averages” (UVA-OM-1664).

These materials form one module in our collection of introductory operations management topics, and all are appropriate for an advanced undergraduate- or graduate-level introductory course on operations management. The complete list of the materials in this collection is available in the teaching materials included with this technical note.