A big general-merchandise retailer misses its fiscal year earnings-per-share guidance, so its CFO is charged with enhancing the outlooks of the firm.
This case presents the use of probability distributions for forecasting discrete and constant uncertainties including GDP growth, inflation, and unemployment, for example, advantage of distributions and ranges over point approximations. The Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters is introduced as a source of outlooks.
PUBLICATION DATE: August 09, 2012 PRODUCT #: UV6277-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP