Forecast adjustments during post-promotional periods

Forecasting
Retail
Judgmental adjustments
R
Shiny
Journal Publication
Author

Harsha Chamara Hewage, H. Niles Perera, Shari De Baets

Published

July 16, 2022

Our research focuses on judgmental forecast adjustments during pre-promotional (normal), promotional, and post-promotional periods through behavioral experiments. The findings highlight the importance of providing forecasters with structured support to make effective adjustments, particularly during post-promotional periods. Additionally, offering quantitative information can help mitigate harmful judgmental adjustments in these periods. All materials related to the laboratory experiments will soon be available on my GitHub repository.