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Book cover: Advances in Business and Management Forecasting

Advances in Business and Management Forecasting

ISSN: 1477-4070
Series editor(s): Professor Kenneth D. Lawrence

Subject Area: Management Science/Management Studies

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A goal programming model for hierarchical forecasting


Document Information:
Title:A goal programming model for hierarchical forecasting
Author(s):J. Gaylord May, Joanne M. Sulek
Volume:5 Editor(s): Kenneth D. Lawrence, Michael D. Geurts ISBN: 978-0-7623-1478-2 eISBN: 978-0-85724-787-2
Citation:J. Gaylord May, Joanne M. Sulek (2008), A goal programming model for hierarchical forecasting, in Kenneth D. Lawrence, Michael D. Geurts (ed.) 5 (Advances in Business and Management Forecasting, Volume 5), Emerald Group Publishing Limited, pp.79-91
DOI:10.1016/S1477-4070(07)00205-X (Permanent URL)
Publisher:Emerald Group Publishing Limited
Article type:Chapter Item
Abstract:This chapter will present a goal programming model which simultaneously generates forecasts for the aggregate level and for lower echelons in a multilevel forecasting context. Data from an actual service firm will be used to illustrate and test the proposed model against a standard forecast technique based on the bottom-up/top-down approach.

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