2005, Vol.8, No.2, pp.186-192
Sales Forecast is one of the common Business
Management issues that any firm has to deal with. Manufacturing
Firms particularly have to approach sales forecast to face
different problems like production planning, material purchasing,
inventory optimization in order to improve time and service to the
customers but also costs. In this paper this problem has been
approached for the group of Discrete and Standard Products of
STMicroelectronics, one of the world wide biggest Semiconductor
Firm. The paper deals with the sales forecast in the short time
horizon of three months ahead; particularly it will describe the
design of the modeling strategy that has been developed after a
formal description of the business model to point out the
specification issues for the forecast in terms of constraints,
available information, and target. Linear and Nonlinear Forecast
clusters have been finally developed to face the problems related
to the short amount of available data and to guarantee models
robustness by minimizing the recurrence error. The development of
a suitable identification strategy has allowed to obtained
satisfactory results with both the linear and nonlinear structures
and, therefore, to satisfy the target of the forecast accuracy.
Nonlinear clusters have globally showed a better performance than
linear ones.
Key words:
support system, forecast, identification,
neural-networks models
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