TY - JOUR AB - A method is developed for evaluating forecasting models with respect to both error and complexity in forecasting. Several types of forecasting accuracy measures (MSE, MPE, MAPE, Theil′s U‐Statistic and a loss cost function) are examined and the approach is illustrated using short‐term forecasting methods, and weekly and four‐weekly data. The approach can, however, be applied equally to immediate, medium‐ and long‐term forecasting. VL - 10 IS - 3 SN - 0144-3577 DO - 10.1108/01443579010003003 UR - https://doi.org/10.1108/01443579010003003 AU - Mahmoud Essam AU - Pegels C. Carl PY - 1990 Y1 - 1990/01/01 TI - An Approach for Selecting Times Series Forecasting Models T2 - International Journal of Operations & Production Management PB - MCB UP Ltd SP - 50 EP - 60 Y2 - 2024/05/04 ER -