Virginia Polytechnic Institute
Evaluation of subjective forecasting in electrical utilities
Abstract
dc:description.abstractThis thesis is an investigation into the effectiveness of some mathematical forecasting methods as compared with subjective forecasting methods. The author points out that one mathematical forecasting method, triple smoothing, projects as well as the subjective forecast made by an electrical utility when forecasting long-range annual power demands. He further hypothesizes that by using the triple smoothing method coupled with knowledge of some major customers that an electrical utility can develop better forecasts than those made subjectively. The thesis also includes a discussion of some basic problems encountered in forecasting and in evaluating forecasts.
Degree
thesis:*- Name thesis:degree_name
- M.S.
- Level thesis:degree_level
- masters
- Discipline thesis:degree_discipline
- Industrial Engineering
- Department dc:contributor.department
- Industrial Engineering
- Grantor dc:publisher
- Virginia Polytechnic Institute
- Year dc:date.issued
- 1967
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Young, Roy Norman
Rights
dc:rights- Statement dc:rights
-
- In Copyright
- Licence dc:rights.uri
- Language dc:language.iso
- en
Identifiers
dc:identifier.*- Handle dc:identifier.uri
- https://hdl.handle.net/10919/121589
- OAI identifier oai:identifier
- oai:vtechworks.lib.vt.edu:10919/121589