Aggregation and Proration in Forecasting

Conditions are determined under which (a) the sum of forecasts of sales in market segments is preferred to a forecast of the whole market and (b) a forecast of an individual market segment is preferred to a forecast obtained through proration of a forecast of the whole market. The comparisons in (a) and (b) are also applied to the problem of forecasting for several time periods into the future.

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Year of publication:	1979
Authors:	Shlifer, E. ; Wolff, R. W.
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 25.1979, 6, p. 594-603
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS
Subject:	forecasting \| statistics: time series

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Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.25.6.594 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009204228