Uncertainties in data processing, forecasting and decision making

Forecasting, dynamic planning, and current statistical data processing are defined as the process of estimating an enterprise’s current state on the market compared to other competing enterprises and determining further goals as well as sequences of actions and resources necessary for reaching the g...

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Main Authors: Liudmyla Levenchuk, Oxana Tymoshchuk, Vira Huskova, Petro Bidyuk
Format: Article
Language:Ukrainian
Published: Igor Sikorsky Kyiv Polytechnic Institute 2023-09-01
Series:Sistemnì Doslìdženâ ta Informacìjnì Tehnologìï
Subjects:
Online Access:http://journal.iasa.kpi.ua/article/view/290369
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author Liudmyla Levenchuk
Oxana Tymoshchuk
Vira Huskova
Petro Bidyuk
author_facet Liudmyla Levenchuk
Oxana Tymoshchuk
Vira Huskova
Petro Bidyuk
author_sort Liudmyla Levenchuk
collection DOAJ
description Forecasting, dynamic planning, and current statistical data processing are defined as the process of estimating an enterprise’s current state on the market compared to other competing enterprises and determining further goals as well as sequences of actions and resources necessary for reaching the goals stated. In order to perform high-quality forecasting, it is proposed to identify and consider possible uncertainties associated with data and expert estimates. This is one of the system analysis principles to be hired for achieving high-quality final results. A review of some uncertainties is given, and an illustrative example showing improvement of the final result after considering possible stochastic uncertainty is provided.
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spelling doaj.art-f429c856adbf46a0866db98cd920cc2e2024-01-19T12:36:00ZukrIgor Sikorsky Kyiv Polytechnic InstituteSistemnì Doslìdženâ ta Informacìjnì Tehnologìï1681-60482308-88932023-09-013668010.20535/SRIT.2308-8893.2023.3.05328648Uncertainties in data processing, forecasting and decision makingLiudmyla Levenchuk0https://orcid.org/0000-0002-8600-0890Oxana Tymoshchuk1https://orcid.org/0000-0003-1863-3095Vira Huskova2https://orcid.org/0000-0001-7637-201XPetro Bidyuk3https://orcid.org/0000-0002-7421-3565Educational and Research Institute for Applied System Analysis of the National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute", KyivEducational and Research Institute for Applied System Analysis of the National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute", KyivEducational and Research Institute for Applied System Analysis of the National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute", KyivEducational and Research Institute for Applied System Analysis of the National Technical University of Ukraine "Igor Sikorsky Kyiv Polytechnic Institute", KyivForecasting, dynamic planning, and current statistical data processing are defined as the process of estimating an enterprise’s current state on the market compared to other competing enterprises and determining further goals as well as sequences of actions and resources necessary for reaching the goals stated. In order to perform high-quality forecasting, it is proposed to identify and consider possible uncertainties associated with data and expert estimates. This is one of the system analysis principles to be hired for achieving high-quality final results. A review of some uncertainties is given, and an illustrative example showing improvement of the final result after considering possible stochastic uncertainty is provided.http://journal.iasa.kpi.ua/article/view/290369mathematical modelstatistical data uncertaintiessystem analysis principlesforecastingdecision support system
spellingShingle Liudmyla Levenchuk
Oxana Tymoshchuk
Vira Huskova
Petro Bidyuk
Uncertainties in data processing, forecasting and decision making
Sistemnì Doslìdženâ ta Informacìjnì Tehnologìï
mathematical model
statistical data uncertainties
system analysis principles
forecasting
decision support system
title Uncertainties in data processing, forecasting and decision making
title_full Uncertainties in data processing, forecasting and decision making
title_fullStr Uncertainties in data processing, forecasting and decision making
title_full_unstemmed Uncertainties in data processing, forecasting and decision making
title_short Uncertainties in data processing, forecasting and decision making
title_sort uncertainties in data processing forecasting and decision making
topic mathematical model
statistical data uncertainties
system analysis principles
forecasting
decision support system
url http://journal.iasa.kpi.ua/article/view/290369
work_keys_str_mv AT liudmylalevenchuk uncertaintiesindataprocessingforecastinganddecisionmaking
AT oxanatymoshchuk uncertaintiesindataprocessingforecastinganddecisionmaking
AT virahuskova uncertaintiesindataprocessingforecastinganddecisionmaking
AT petrobidyuk uncertaintiesindataprocessingforecastinganddecisionmaking