TY  - JOUR
T1  - Building a Computerized System to Measure the Forecasting Methods and
Evaluate the Efficiency for an Industrial Product
AU - Kamil, Farah 
JO  - Journal of Engineering and Applied Sciences
VL  - 13
IS  - 21
SP  - 8939
EP  - 8948
PY  - 2018
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2018.8939.8948
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2018.8939.8948
KW  - Demand forecasting
KW  -evaluation criteria
KW  -CAD
KW  -MSE
KW  -MAD
KW  -MAPE
AB  - A forecasting is defined as an attempt to estimate the market need of a particular product or service
or a combination of goods over a future period of time. The demand forecasting process is one of the important
activities that precede the planning process for capacity and production. The importance of this activity
requires determining what to forecast how it is being forecast and the time period covered by the forecast. The
desired accuracy in forecasting results depends primarily on the value of the physical product because
forecasting error slightly burdens production system. The objective of this study is to build a computerized
system using visual basic with access database and integrate the system with Excel program to analyze the data
and represent it graphically to calculate the different forecasting methods to forecast the demand of a particular
product for a future period of time and evaluate the efficiency the solution using the evaluation criteria which
are: Mean Squared Error (MSE), Mean Absolute Deviation (MAD), Mean Absolute Percent Error (MAPE),
Largest Absolute Deviation (LAD). This study will use data collected from one of the main companies in Iraq.
The data include the order unit of the product. Data analysis will be held using three individual forecasting
methods. Due to the limitation of the time, the study will focus on one of the series of the product of the
company only.
ER  -