Normal view MARC view

Forecasting accuracy and system complexity

Author: Makridakis, Spyros INSEAD Area: Technology and Operations ManagementIn: Recherche Opérationnelle, vol. 29, no. 3, 1995 Language: EnglishDescription: p.259-283.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: Accurate forecasts are essential for a great number of applications yet large errors and considerable uncertainty characterize most of our attempts for predicting the future. This article surveys empirical studies on forecasting accuracy, summarizing their conclusions and examining the implications involved. It then discusses the effects of system complexity on forcasting accuracy and the related uncertainty while predicting future events. Finally, it provides suggestions for forecasting as accurately and realistically as possible when large and complex systems are involved
Tags: No tags from this library for this title. Log in to add tags.
Item type Current location Call number Status Date due Barcode Item holds
INSEAD Article Europe Campus
Available BC003962
Total holds: 0

Ask Qualtrics

Accurate forecasts are essential for a great number of applications yet large errors and considerable uncertainty characterize most of our attempts for predicting the future. This article surveys empirical studies on forecasting accuracy, summarizing their conclusions and examining the implications involved. It then discusses the effects of system complexity on forcasting accuracy and the related uncertainty while predicting future events. Finally, it provides suggestions for forecasting as accurately and realistically as possible when large and complex systems are involved

Digitized

There are no comments for this item.

Log in to your account to post a comment.
Koha 18.11 - INSEAD Catalogue
Home | Contact Us | What's Koha?