This paper surveys time-series methods developed and used in the fields of statistics, engineering, operation research and economics. It will describe each of the major methods now in existence and synthesize them into an ...

Time sharing computer configurations have introduced a new dimension in applying statistical and mathematical models to sequential decision problems. When the outcome of one step in the process influences subsequent ...

The Notes section of the international Journal of Forecasting contains commentary on the theory and practice of forecasting in the form of communications to the journal such as research notes, teaching tips, practitioners’ ...

Eighteen time series differing in their trend (three categories), randomness (three categories), and presentation on a graph (two categories) were given to 350 MBA students in a laboratory experiment. Each student was asked ...

Chess is an intellectually demanding game played by millions of people around the world. Yet unlike tennis or other competitive sports there are few changes in the rankings of chess players. There have only been twelve ...

Lately there has been a renewed interest in strategic planning after more than a decade of focusing on operational concerns such as total quality, downsizing, benchmarking and reengineering. Will strategic planning provide ...

Long-term predictions are indispensable for planning and strategy. Yet little is known about their value, their limitations or the most appropriate way of making and using them. This paper examines these issues and proposes ...

Forecasting methods currently available assume that established patterns or relationships will not change during the post-sample forecasting phase. This, however, is not a realistic assumption for business and economic ...

How successful have economists and other business forecasters been in predicting recessions? This question is of considerable practical value since the level of economic activity greatly influences budgets and other plans ...

Specialization inhibits or prohibits interdisciplinary communication among diverse areas. It contributes to segmentation, which becomes a serious problem when several of those areas should depend upon knowledge which exists ...