Add to ORKGMonthly data in physical units for seven industries are used to examine the production smoothing hypothesis. The results strongly support this hypothesis. Significant effects of expected future sales on current production are found for four industries, and the estimated decision equations for all seven industries imply production smoothing behavior. The previous negative results regarding the hypothesis appear to be due to the use of poor data, particularly the shipments and inventory data of the Department of Commerce
This paper examines exponential smoothing constants that minimize summary error measures associated ...
This study investigates the rationality of monthly revisions in annual forecasts of supply, demand, ...
textabstractThis paper provides new evidence on the rationality of industrial production (IP) and th...
The authors reconsider the paradox that the variance of production often exceeds the variance of shi...
The debate continues over whether firms smooth production relative to demand. In this paper we find ...
Because firms are likely to try to smooth production relative to sales, current produc-tion decision...
Estimation results obtained with production smoothing models are often imprecise and sensitive to no...
The production smoothing model of inventories has long been the basic paradigm within which empirica...
Brown's single parameter linear double exponential smoothing and quadratic triple exponential smooth...
Official Bureau of Labor Statistics (BLS) multifactor productivity estimates indicate that productiv...
Sales forecasting affects almost every area of activity in industry. The importance of a sales forec...
In this study we analyse the behaviour of production levels and stocks in an integrally controlled m...
This paper examines whether the negative assessment of the production smoothin g model of inventorie...
Economic forecasting techniques are being successfully applied to problems of inventory and producti...
Commodity prices forecasting is one of the business functions to estimate future demand based on pas...
This paper examines exponential smoothing constants that minimize summary error measures associated ...
This study investigates the rationality of monthly revisions in annual forecasts of supply, demand, ...
textabstractThis paper provides new evidence on the rationality of industrial production (IP) and th...
The authors reconsider the paradox that the variance of production often exceeds the variance of shi...
The debate continues over whether firms smooth production relative to demand. In this paper we find ...
Because firms are likely to try to smooth production relative to sales, current produc-tion decision...
Estimation results obtained with production smoothing models are often imprecise and sensitive to no...
The production smoothing model of inventories has long been the basic paradigm within which empirica...
Brown's single parameter linear double exponential smoothing and quadratic triple exponential smooth...
Official Bureau of Labor Statistics (BLS) multifactor productivity estimates indicate that productiv...
Sales forecasting affects almost every area of activity in industry. The importance of a sales forec...
In this study we analyse the behaviour of production levels and stocks in an integrally controlled m...
This paper examines whether the negative assessment of the production smoothin g model of inventorie...
Economic forecasting techniques are being successfully applied to problems of inventory and producti...
Commodity prices forecasting is one of the business functions to estimate future demand based on pas...
This paper examines exponential smoothing constants that minimize summary error measures associated ...
This study investigates the rationality of monthly revisions in annual forecasts of supply, demand, ...
textabstractThis paper provides new evidence on the rationality of industrial production (IP) and th...