Material Detail: “The Buggy Palace Sales Forecasting Exercise”
The Buggy Palace Sales Forecasting Exercise
The Buggy Palace is a self-scoring forecasting exercise which enables students to solve a series of sales forecasting exercises involving naive, moving average, and exponential smoothing techniques. It is an excellent learning tool for students, as when the incorrect answer is entered, an explanation is given. Students enter their own names, and thus the exercise becomes The (First Name) (Last Name) Buggy Palace, which personalizes it for them. Additionally, rather than being asked for the correct answer, an "answer code" is provided, to ensure individual work.
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