An expert system for choosing demand forecasting techniques

✍ Scribed by Tammy Lo

• Publisher: Elsevier Science
• Year: 1994
• Tongue: English
• Weight: 985 KB
• Volume: 33
• Category: Article
• ISSN: 0925-5273
• DOI: 10.1016/0925-5273(94)90114-7

✦ Synopsis

This paper describes the application ofexpert systems (ES) for the decision-making of demand forecasting techniques selection. Professional heuristics and reasoning process used in the selection problem are developed. Then an expert system is built to capture the skill and aimed to act as an advisor for choosing suitable demand forecasting techniques for use under various general business circumstances.

The expert behaviour of choice making in this problem area is imitated in that the factor of product life cycle is first taken to determine the possible forecasting techniques for application.

Then the reasoning process is continued with other relevant factors for further discrimination among the possible techniques so as to confine the selection conclusion