scenario planning, as an environmental forecasting technique. Furthermore, we analyse the contribution of knowledge based …

is considered a dominant prediction model which is heavily used in forecasting in spite of the difficulties related to …

A method is developed for evaluating forecasting models with respect to both error and complexity in forecasting …. Several types of forecasting accuracy measures (MSE, MPE, MAPE, Theil′s U‐Statistic and a loss cost function) are examined and … the approach is illustrated using short‐term forecasting methods, and weekly and four‐weekly data. The approach can …

The moving median method is suggested as an alternative for short‐term forecasting under some of the standard normal … evaluating forecasting accuracy, the moving average technique is superior to the moving median technique only for time series …

Applies time‐series forecasting, a traditional operations analysis methodology, to develop a forecasting procedure and … time‐series forecasting and decision theory developed by operations and applied in an actual industrial situation can … become a powerful marketing technique. Provides further insights into evaluating forecasting models and ordering policies …

Purpose – The purpose of this paper is to consider the issue of forecasting hotel room rate with data from 2004 onwards … and the forecast horizons of 91 observations. Design/methodology/approach – This study employs a set of time series data … (ARIMA) forecasting model. Findings – Through the employment of 74 percent observations, with 26 percent withhold for …

disciplines within organizations, reliance on family‐based forecasting is increasing. The family‐based approach, sometimes … referred to as hierarchical forecasting (HF), is based on a strategy of aggregating items into families. HF systems are capable … performance and a reduction in the overall forecasting burden. To date, several studies have offered practical guidelines for the …

and Indian rupees in US terms. Design/methodology/approach This study applies different combinations of GARCH and EGARCH … forecasting exchange rate after measuring the extent of volatility. The present study is a unique contribution in the existing …