The purpose of this paper is to explore the reasons why combining works, discuss the implications involved and propose guidelines for improving the field of forecasting by exploiting the reasons that contribute to the ...

The forecasting techniques available have increased both in number and com-plexity, so now is the time for a book to help both OR workers and managers to choose the most appropriate technique. Spyros Makridakis and Steven ...

Are the costs of time arid effort spent on analyzing decisions outweighed by benefits? This issue was examined in the context of a competitive business game where human teams were pitted against two kinds of simple-minded ...

Unpredictability and uncertainty reigns over most of medicine. Should women be screened for mammography and men for prostate cancer? The answer is not obvious as a growing number of researchers and doctors assert that the ...

Δεν υπάρχει καμιά αμφιβολία ότι το τέλος του 20ου αιώνα σημαδεύεται από μια πραγματική κοσμογονία στο χώρο των επιχειρήσεων με σοβαρές επιπτώσεις στις κοινωνίες των διαφόρων χωρών. Η παγκοσμιοποίηση των οικονομιών και των ...

In 1982, the Journal of Forecasting published the results of a forecasting competition organized by Spyros Makridakis (Makridakis et al., 1982). In this, the ex ante forecast errors of 21 methods were compared for forecasts ...

Purpose – The main scope of the paper is to demonstrate the capabilities of PYTHIA forecasting platform, to compare time series forecasting techniques, which were used to forecast mortgage loans in UK, and to show how ...

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 ...

Statistical forecasting is based on the assumption of constancy, or structural ability in the data. This paper argues that such an assumption might not always be realistic in real life forecasting situations. Unfortunately, ...