Michael Gilliland is a longtime business forecasting practitioner and formerly a Product Marketing Manager for SAS Forecasting. He is on the Board of Directors of the International Institute of Forecasters, and is Associate Editor of their practitioner journal Foresight: The International Journal of Applied Forecasting. Mike is author of The Business Forecasting Deal (Wiley, 2010) and former editor of the free e-book Forecasting with SAS: Special Collection (SAS Press, 2020). He is principal editor of Business Forecasting: Practical Problems and Solutions (Wiley, 2015) and Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning (Wiley, 2021). In 2017 Mike received the Institute of Business Forecasting's Lifetime Achievement Award. In 2021 his paper "FVA: A Reality Check on Forecasting Practices" was inducted into the Foresight Hall of Fame. Mike initiated The Business Forecasting Deal blog in 2009 to help expose the seamy underbelly of forecasting practice, and to provide practical solutions to its most vexing problems.
Have you seen this week's news item on "tanning mom" Patricia Krentcil, the New Jersey mother accused of sunburning her young daughter in a tanning booth? Now I'm as big a fan of diversity as the next guy, and lovingly embrace people of every visible color (although I do find House Speaker John Boehner's orange a
Can you explain the "random error" in your forecasts? This question was posed two weeks ago by Sam Iosevich, Managing Principal at Prognos, during his presentation at the INFORMS Conference on Business Analytics and Operations Research. Sam stated that if your planners have knowledge that helps explain the "random error" in
Last week's INFORMS Conference on Business Analytics and Operations Research drew over 700 attendees to Huntington Beach, CA. I had the pleasure of serving on the conference selection committee, and wanted to share this content from one of our invited speakers, Kean Chew of HAVI Global Solutions. The Numbers Behind Burgers
