Forecasting is a method used to determine the path of future trends. Historical data is significant for any forecasting technique. Organizations utilize forecasting to determine how to allocate their resources or plan for projected payments for an upcoming period of time. This is normally based on the projected demand for the goods and services they offer. This paper will used forecasting technique by integrating genetic algorithm for lambda assessment. This paper resulted that the GA lambda assessment approach will give better predictability.
Track: Production Planning and Management
Published in: 8th Annual International Conference on Industrial Engineering and Operations Management, Bandung, Indonesia
Publisher: IEOM Society International
Date of Conference: March 6
-8
, 2018
ISBN: 978-1-5323-5944-6
ISSN/E-ISSN: 2169-8767