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Applicability of Forecasting Models and Techniques for Stationery Business:A Case Study from Sri Lanka


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1 Department of Industrial Management, University of Kelaniya, Sri Lanka
 

A demand forecasting methodology for a stationery company in Sri Lanka is being investigated. Different forecasting methods available are looked at including judgemental methods, quantitative methods and Artificial Intelligence methods. Importance of using a combination of methods available instead of using a single method is emphasised by the literature.

Keywords

Demand Forecasting, Stationery, Time Series, Genetic Algorithms.
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  • Applicability of Forecasting Models and Techniques for Stationery Business:A Case Study from Sri Lanka

Abstract Views: 179  |  PDF Views: 0

Authors

Dewmini Danushika Illeperuma
Department of Industrial Management, University of Kelaniya, Sri Lanka
Thashika Rupasinghe
Department of Industrial Management, University of Kelaniya, Sri Lanka

Abstract


A demand forecasting methodology for a stationery company in Sri Lanka is being investigated. Different forecasting methods available are looked at including judgemental methods, quantitative methods and Artificial Intelligence methods. Importance of using a combination of methods available instead of using a single method is emphasised by the literature.

Keywords


Demand Forecasting, Stationery, Time Series, Genetic Algorithms.