Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Measuring demand uncertainty is a key activity in supply chain planning, but it is difficult when demand history is unavailable, such as for new products. One method that can be applied in such cases uses dispersion among forecasting experts as a measure of demand uncertainty.  provides a test for this method and presents a heteroscedastic regression model for estimating the variance of demand using dispersion among experts' forecasts and scale.  test this methodology using three data sets: demand data at item level, sales data at firm level for retailers, and sales data at firm level for manufacturers.  show that the variance of a random variable (demand and sales for our data sets) is positively correlated with both dispersion among experts' forecasts and scale: The variance increases sublinearly with dispersion and more than linearly with scale. Further,  use longitudinal data sets with sales forecasts made three to nine months before the earnings report date for retailers and manufacturers to show that the effects of dispersion and scale on variance of forecast error are consistent over time.
['Vishal Gaur', 'Saravanan Kesavan', 'Ananth Raman', 'Marshall L. Fisher']
I am writing a research paper on a idea Estimating Demand Uncertainty Using Judgmental Forecasts
[{"from": "human", "value": "I am writing a research paper on a idea Estimating Demand Uncertainty Using Judgmental Forecasts"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Measuring demand uncertainty is a key activity in supply chain planning, but it is difficult when demand history is unavailable, such as for new products. One method that can be applied in such cases uses dispersion among forecasting experts as a measure of demand uncertainty.  provides a test for this method and presents a heteroscedastic regression model for estimating the variance of demand using dispersion among experts' forecasts and scale.  test this methodology using three data sets: demand data at item level, sales data at firm level for retailers, and sales data at firm level for manufacturers.  show that the variance of a random variable (demand and sales for our data sets) is positively correlated with both dispersion among experts' forecasts and scale: The variance increases sublinearly with dispersion and more than linearly with scale. Further,  use longitudinal data sets with sales forecasts made three to nine months before the earnings report date for retailers and manufacturers to show that the effects of dispersion and scale on variance of forecast error are consistent over time."}]