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Assessing forecast model performance in an ERP environment
Catt, Peter M. ; Barbour, Robert H. ; Robb, David J.
2010-05-11 ; 2010-05-11
关键词manufacturing resource planning demand forecasting error analysis ACCURACY MEASURES SALES COST Computer Science, Interdisciplinary Applications Engineering, Industrial
中文摘要Purpose - The paper aims to describe and apply a commercially oriented method of forecast performance measurement (cost of forecast error - CFE) and to compare the results with commonly adopted statistical measures of forecast accuracy in an enterprise resource planning (ERP) envirornment. Design/methodology/approach - The study adopts a quantitative methodology to evaluate the nine forecasting models (two moving average and seven exponential smoothing) of SAP (R)'s ERP system. Event management adjustment and fitted smoothing parameters are also assessed. SAP (R) is the largest European software enterprise and the third largest in the world, with headquarters in Walldorf, Germany. Findings - The findings of the study support the adoption of CFE as a more relevant commercial decision-making measure than commonly applied statistical forecast measures. Practical implications - The findings of the study provide forecast model selection guidance to SAP (R)'s 12 + million worldwide users. However, the CFE metric can be adopted in any commercial forecasting situation. Originality/value - This study is the first published cost assessment of SAP (R)'s forecasting models.
语种英语 ; 英语
出版者EMERALD GROUP PUBLISHING LIMITED ; BINGLEY ; HOWARD HOUSE, WAGON LANE, BINGLEY BD16 1WA, W YORKSHIRE, ENGLAND
内容类型期刊论文
源URL[http://hdl.handle.net/123456789/26234]  
专题清华大学
推荐引用方式
GB/T 7714
Catt, Peter M.,Barbour, Robert H.,Robb, David J.. Assessing forecast model performance in an ERP environment[J],2010, 2010.
APA Catt, Peter M.,Barbour, Robert H.,&Robb, David J..(2010).Assessing forecast model performance in an ERP environment..
MLA Catt, Peter M.,et al."Assessing forecast model performance in an ERP environment".(2010).
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