Mahmoud, Essam; Pegels, C. Carl - In: International Journal of Operations & Production Management 10 (1990) 3, pp. 50-60
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 …