Proposal of a SMEs Forecast Management Support System

Marin Andreica (), Madalina Popescu and Dragos Micu ()
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Marin Andreica: The Bucharest University of Economic Studies, Romania
Dragos Micu: The Bucharest University of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2014, vol. 15, issue 2, 237-243

Abstract: This paper describes the main findings of the authors’ research concerning the conceptual aspects, the architecture and the functionality of a proposed SMEs forecast management support system, with customization on projected production management. The proposed system was experienced in SMEs industrial activity and is based on the concept of procedural modelling. Thus, it aims to assist the decision makers in elaborating forecasts and business planning in SMEs. Planning models are based on flexible optimization methods with vague restrictions and objective functions. The forecast activity is assisted by procedural models required to simulate several structures of indicators in order to forecast the evolution of the medium and long term synthetic indicators.

Keywords: SMEs; forecast management; support system; procedural modelling; planning activity. (search for similar items in EconPapers)
JEL-codes: C53 C61 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:15:y:2014:i:2:p:237-243

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