Rapidly advancing technological developments in today's global world have led companies to make quick decisions with few and limited data in future plans. It is known that businesses using an effective forecasting method can continue their business objectives more healthily with their decisions about future projections, and forecasting methods for businesses are of special importance. In the study, it is aimed to give information about the estimation of the gray based cost which is estimated cost of the future periods and to try this model in X enterprise which is operating in furniture production sector. Cost estimation of furniture company X is tried to be materialized. Firstly, X furniture company's estimated cost data are tried to be predicted through the method estimation of the gray based cost belonged to the estimated years 2013, 2014, 2015 and 2016, as a result of the estimation error analysis and reliability test is made. As a result of the accuracy analysis, the future cost data of the X Furniture Company is predicted by using a gray based model.
Primary Language | Turkish |
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Subjects | Finance |
Journal Section | Research Articles |
Authors | |
Publication Date | December 20, 2020 |
Submission Date | April 21, 2020 |
Published in Issue | Year 2020 |