A General Purpose Forecast Simulator

A simulator is developed which enables a variety of forecasting procedures to be tested on any given time series. The simulator determines the standard deviation of the forecast error for each of the procedures tried, indicates the procedure which is optimal in the sense of lowest standard deviation of forecast error, and presents projections and graphs of actual versus predicted values. The time series under study can be either a real time series read into the simulator or a time series generated by the simulator.

• 저널Management Science · 11(6) · B–119
• 토픽Forecasting Techniques and Applications · Management Science and Operations Research
• DOI10.1287/mnsc.11.6.b119
• 저자Donald Gross, Jack L. Ray