In this work the economic feasibility of biodiesel production in Brazil by using the Macauba oil as raw matter is studied. The software SIMB-E, in which a cash flow model applied to biodiesel production is implemented, was used during simulations. Economic indexes related to biodiesel production...

The answer depends on the objective. The approach of combining five of the leading forecasting models with equal weights dominates the strategy of selecting one model and using it for all horizons up to two years. Even more accurate forecasts, however, are obtained when allowing the forecast...