Development towards a forecast based on the theory presented in my text book. As predicted the forecast trend corresponded well to the forecast provided by OECD at the same session, based on the normal standard methodology for demand forecasting. The next stage is to develop a forecasting technique to model the cyclical behaviour.
Teaching session given to the Mastering Shipbuilding Management Course at Liverpool John Moores University in June 2025. Includes explanation of the long term demand trend, the implications of backlog on future prices and output and the 'productivity journey'
Files coming soon.