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Complex Model for Forecasting in the Firm (Conceptions and Results of Approbation)

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  • Ivan Marchevski

Abstract

The research introduces a complex model for forecasting within the firm. Classification of existing models in the foreign and the bulgarian literature is made. The concept and algorithm of the complex model are presented. It is built on the base of well-known models taking in consideration the limitations, which exists in bulgarian business. The model is determined, based on the accounting view of the processes within the firm and can be implemented with little changes in the firms of different branches. The complex model is tested on the firm from vinery industry. The achieved results are analyzed and they prove its capabilities on the base of reliable of the forecasts and quantity and quality of the information. Main conclusions about possibilities to implement this model in Bulgarian firms from different branches are formulated. Base on evaluation of existing limitations recommendations for future researches are formulated.

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  • Ivan Marchevski, 1999. "Complex Model for Forecasting in the Firm (Conceptions and Results of Approbation)," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 142-169.
    • Handle: RePEc:bas:econst:y:1999:i:3:p:142-169
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