The demand forecasting is essential for all production and non-production systems. However, nowadays there are only few researches on this area. Most of researches somehow benefited from simulation in the conditions of demand uncertainty. But this paper presents an iterative method to find most...

I use a set of vector autoregressive models to forecast some of the main macroeconomic variables in a wide range of countries. The goal is to provide some insight about different forecast accuracy measures in a probabilistic forecasting framework. The countries are selected based on their...