A literature review on the different forecasting model used in different industry.
Two articles are attached with each about forecasting in different industry for referrence (Automotive and clothing, more research on certain forecasting model might be required)
The goal is to review the forecasting model each of these industry used in some depth.
The review may include following subjects.
1. difference in the characteristic of the market demands in the two industries
2. What forecasting models are commonly used in these industries
3. explain the model each of them used and the reason behind related to its market characteristics (e.g. trend, seasonality)
4. explain the model in some mathmatical depth and compare them with the traditional time series forecasting model (chepter 7.8 in the text book)
Double spaced, 12 times new roman, 8 pages long (text only)+ equations and graphs.
