search query: @freeterm FERTIGUNGSMANAGEMENT, FERTIGUNGSPLANUNG, / total: 8
reference: 2 / 8
Author: | Wacker, J. G. Sprague, L. G. |
Title: | The impact of institutional factors on forecast accuracy |
Journal: | International Journal of Production Research
1995 : NOV, VOL. 33:11, p. 2945-2958 |
Index terms: | |
Freeterms: | FERTIGUNGSMANAGEMENT, FERTIGUNGSPLANUNG, PROGNOSEMETHODEN |
Language: | eng |
Abstract: | Forecast accuracy is a major challenge for manufacturing organizations. Forecast error can be a direct cause of stockouts, inventory growth and/of costly changes in the master production schedule. This study examines the effects of institutional factors on forecast accuracy from the perspective of the manufacturing executive. The questions were: who should be involved in forecast preparation, how important is forecast error measurement, and what should the primary purpose of the forecast be? Data were obtained from a sample of manufacturing professionals in the UK. |
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