Article ID: | iaor19941648 |
Country: | United Kingdom |
Volume: | 45 |
Issue: | 1 |
Start Page Number: | 109 |
End Page Number: | 113 |
Publication Date: | Jan 1994 |
Journal: | Journal of the Operational Research Society |
Authors: | Franses P.H. |
In this paper, a simple Gompertz curve-fitting procedure is proposed. Its advantages include the facts that the stability of the saturation level over the sample period can be checked, and that no knowledge of its value is necessary for forecasting. An application to forecasting the stock of cars in the Netherlands illustrates its merits.