Building Intelligent Forecasting Systems in Manufacturing

Binshan Lin, Jerome M. Hatcher · Industrial Management & Data Systems · 1989

Forecasting is considered as a key element in formulating manufacturing systems. There is a wealth of information about forecasting methods but little has been written about forecasting systems. An outline of an approach to build Decision Support Systems (DSS) for forecasting in manufacturing is given. A strategic forecasting framework is provided. To integrate the forecasting system into the manufacturing information systems, guidelines for manufacturers are suggested.

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