Chicken or The Egg? Forecast and Order Adjustments in Supply-Chain Planning
Speaker

Eirini Spiliotopoulou
Tilburg University
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Abstract
Human judgment remains an essential element in supply chain planning. Forecasters create demand predictions, which become inputs into inventory plans. They also adjust these demand predictions based on their judgment. Inventory planners also adjust the resulting orders based on their judgment. Should firms allow forecasts or inventory orders to be adjusted? In a series of behavioral experiments, we compare forecast to order adjustments. Surprisingly, order adjustments are a better avenue to incorporate human judgment. We examine the causes of this difference and discuss its implications.
This seminar will take place in person in room T09-67. Alternatively, click here to join the seminar online via Zoom.
Meeting ID: 627 5078 2916
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Information
- Type
- Research Seminar
- Programme
- Logistics & Information Systems
- Date
- Mon. 10 Feb. 2025
- Time
- 11:00 - 12:00
- Location
- T09-67 or Zoom
Contact

Cheryl Blok
Rotterdam School of Management (RSM),
Erasmus University Rotterdam
Coordinators

Rotterdam School of Management (RSM),
Erasmus University Rotterdam

Rotterdam School of Management (RSM),
Erasmus University Rotterdam
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Mon. 7 Apr. 2025
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Fikri Karaesmen
(Koç University)
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(ESSEC Business School)