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The forecasting system and techniques

COLIN ROBINSON (Professor of Economics, University of Surrey)

Management Decision

ISSN: 0025-1747

Article publication date: 1 April 1968

Abstract

FORECASTING is not just a specialized management technique, but something which we all understand and do quite naturally. Because of the existence of time, all of us run our lives by making forecasts. In the present (which is an infinitesimally short period of time) we have to make forecasts of what will happen in the future based upon our experience of the past. Without such forecasts, we could not run our lives because we have to keep making decisions about the future.

Citation

ROBINSON, C. (1968), "The forecasting system and techniques", Management Decision, Vol. 2 No. 4, pp. 226-229. https://doi.org/10.1108/eb000866

Publisher

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MCB UP Ltd

Copyright © 1968, MCB UP Limited