√ 18 Definition of Forecasting According to Complete Experts
18 Definition of Forecasting According to Complete Experts – In this discussion we will explain about forecasting. Which explanation is the notion of forecasting put forward by experts with different opinions.
18 Definition of Forecasting According to Complete Experts
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Understanding Forecasting (Forecasting) According to Experts
The following is a definition of forecasting or forecasting according to experts.
1. Sudjana (1989:254)
The definition of forecasting according to Sudjana is the process of estimating (measuring) the magnitude or amount of something at a time future based on data in the past that are analyzed scientifically, especially using the method statistics.
2. Makridakis et al (1993:24)
The notion of forecasting according to Makridakis et al is the basis of all types of planning where this is very necessary for an unstable environment that is bridging between systems with environment.
3. Tita Deitana
The definition of forecasting according to Tita Deitana is a science and art to make predictions in the future.
4. Danang Sunyoto
The definition of forecasting according to Danang Sunyoto is a step to measure or estimate the state of the business in the future. Sales forecasting is an estimate of sales that will occur in the future under certain conditions and is made based on data that has occurred and may occur.
5. Assauri
The definition of forecasting according to Assauri is an activity to predict what will happen in the future.
6. Sumayang (2003:24)
The definition of forecasting according to Sumayang is an objective calculation and by using past data, to determine something in the future.
7. Nafarin (2000:24)
The definition of sales forecast according to Nafarin is the process of estimating the activities of products that will be sold at a certain time which will come under certain circumstances and based on data that has occurred and or is unlikely to occur happen.
8. Render and Heizer (2005:136)
The definition of forecasting according to Render and Heizer is the art and science of predicting future events.
9. Nasution and Prasetyawan (2008:29)
The definition of forecasting according to Nasution and Prasetyawan is the process of estimating some future needs that are includes the needs in terms of quantity, quality, time and location required in order to meet the demand for goods or services.
10. Rudy Aryanto (2009)
The definition of forecasting according to Rudy Aryanto Forecasting is the art and science of predicting the events of the future. Forecasting requier historical data retrieval and project into the future with some form of mathematical models.
11. Arman Hakim Nasution (2006)
The definition of forecasting according to Arman Hakim Nasution is the process of estimating some future needs includes the needs in terms of quantity, quality, time and location required in order to meet the demand for goods and services service.
12. Jay Heizer and Barry Render (2011:136)
The definition of forecasting according to Jay Heizer and Barry Render is the art and science of predicting future events by involving the collection of historical data and projecting it into the future with a systematic approach model.
13. William J. Stevenson (2009:72)
The definition of forecasting according to William J. Stevenson is a basic input in the operations management decision-making process in providing information about future demand for the purpose of determining how much capacity or supplies needed to make staffing decisions, budgets to be prepared, ordering goods from suppliers and supply chain partners needed to make a plan.
14. Wignjosoebroto (2003:337)
The definition of forecasting method according to Wignjosoebroto is an attempt to obtain an overview of what will happen in the future. In this case the picture of the future will be the basis for planning.
15. John E. Biegel (1999)
The definition of forecasting according to John E. Biegel is an activity of estimating the expected level of product demand for a product or several products in a certain period of time in the future.
16. Buffa S. Elwood (1996)
The definition of forecasting according to Buffa S. Elwood is the use of statistical techniques in the form of a picture of the future based on the processing of historical figures.
17. Makridakis (1988)
Understanding forecasting according to Makridakis is an integral part of management decision-making activities.
18. Hoffman (1975)
The definition of sales forecasting according to Hoffman is an approach to the market that places sales and marketing as project activities, which consists of six steps, market research, product design, sales, manufacture of products to be shipped, product delivery and service walk.
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