A Forecasting Decision Support System

Fourth International Workshop on Computational Intelligence & Applications Proceedings : IWCIA 2008 Page 59-64 published_at 2008-12
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Title ( eng )
A Forecasting Decision Support System
Creator
Sayed Hanaa E.
Gabbar Hossam A.
Fouad Soheir A.
Ahmed Khalil M.
Miyazaki Shigeji
Source Title
Fourth International Workshop on Computational Intelligence & Applications Proceedings : IWCIA 2008
Start Page 59
End Page 64
Abstract
Nowadays forecasting is needed in many fields such as weather forecasting, population estimation, industry demand forecasting, and many others. As complexity and factors increase, it becomes impossible for a human being to do the prediction operation without support of computer system. A Decision support system is needed to model all demand factors and combine with expert opinions to enhance forecasting accuracy. In this research work, we present a decision support system using winters', simple exponential smoothing, and regression statistical analysis with a new proposed genetic algorithm to generate operational forecast. A case study is presented using real industrial demand data from different products types to show the improved demand forecasting accuracy for the proposed system over individual statistical techniques for all time series types.
Keywords
Forecasting
Regression Analysis
Genetic Algorithm
Support System
NDC
Technology. Engineering [ 500 ]
Language
eng
Resource Type conference paper
Publisher
IEEE SMC Hiroshima Chapter
Date of Issued 2008-12
Rights
(c) Copyright by IEEE SMC Hiroshima Chapter.
Publish Type Version of Record
Access Rights open access
Source Identifier
[ISSN] 1883-3977