This paper is devoted to the issue of forecasting financial ratios. The objective of the conducted research is to develop a predictive model with the use of an innovative methodology, i.e., fuzzy logic theory, and to evaluate its effectiveness. Fuzzy logic has been widely used in machinery,...

We focus on ways of combining simple database models with managerial intuition. We present a model and method for isolating managerial intuition. For five different business forecasting situations, our results indicate that a combination of model and manager always outperforms either of these...

Rapid advances in information technology have brought decision makers the mixed blessing of an increasingly vast amount of easily available data. Designers of decision support systems (DSS) have focused on incorporating the latest technology with little attention to whether these new systems are...

This paper is devoted to the issue of forecasting financial ratios. The objective of the conducted research is to develop a predictive model with the use of an innovative methodology, i.e., fuzzy logic theory, and to evaluate its effectiveness. Fuzzy logic has been widely used in machinery,...

The IFAMR is published quarterly by the International Food and Agribusiness Management Assocation. Complete library can be found at www.ifama.org

Simulation models have been used successfully to forecast productivity of cropping systems under various weather, management and policy scenarios. These models have helped farmers make efficient resource allocation decisions. However, in Kenya simulation models have not been used extensively and...

This report analyzes recent structural changes in the world cotton industry and develops a statistical model that reflects current drivers of U.S. cotton prices. Legislative changes in 2008 authorized USDA to resume publishing cotton price forecasts for the first time in nearly 80 years....

The Ministry of Agriculture and Forestry (MAF) undertakes forecasts and projections of livestock numbers as part of the twice yearly contribution to The Treasury’s economic and fiscal updates. MAF’s Pastoral Supply Response Model (PSRM) was recently re-developed and used for the first time...