Forecasting has clearly become a field in its own right; its growth and change continue at a rather fast pace, as the number of published books and papers on the topic increases and as more experience about forecasting ...

This paper asserts that the Second Law of Thermodynamics (SLT) despite holding truc in ail laboratory tests heretofore conducted, cannot, by itself, explain the hierarchical universe. By examination of the existing evidence, ...

Can recessions, or serious turning points in general, be predicted? Or do forecasters tend to assume that the future will continue as an extension of the near past. Theoretical evidence and practical observations tend to ...

Today there is growing criticism of the Input/Output (I/O) model as a conceptual tool for explaining and understanding how systems are functioning. These models have been particularly useful-mainly in engineering, where ...

In classical statistics, inferences about the popula- tion mean, confidence intervals, or testing of hypoth- eses are based on the sampling distribution of X. For the statistician or the mathematically sophisticated, there ...

The SIBYL/RUNNER interactive forecasting system is a comprehensive package of time-shared computer programs that seek to handle four essential forecasting functions. The first is screening alternative forecasting techniques ...

Forecasting plays an important role in every major functional area of business management. In the area of marketing however, forecasting is doubly important; not only does it have a central role in marketing itself, but ...

The ultimate test of any forecast is whether or not it is capable of predicting future events accurately. Planners and decision makers have a wide choice of ways to forecast, ranging from purely intuitive or judgemental ...

The concept of a system has been identified in a large number of disciplines; biology, management science, economics, sociology, political science, theology, law, etc., have profited by the apparatus associated with ...

The main purpose of the paper will be to look at the influence of a change in perspective (namely, getting away from the input/output model) on social systems. in general, and management ones, more specifically. The ...