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Delphi method supported by forecasting software

  • Silesian University of Technology

Wyniki badań: Wkład do czasopismaArtykułrecenzja

14 Cytowania z bazy Scopus

Abstrakt

The Delphi method is one of the basic tools for forecasting values in various types of issues. It uses the knowledge of experts, which is properly aggregated (e.g., in the form of descriptive statistics measures) and returns to the previous group of experts again, thus starting the next round of forecasting. The multi-stage prediction under the Delphi method allows for better stabilization of the results, which is extremely important in the process of forecasting. Experts in the forecasting process often have access to time series forecasting software but do not necessarily use it. Therefore, it seems advisable to add to the aggregate the value obtained using forecasting software. The advantage of this approach is in saving the time and costs of obtaining a forecast. That should be understood as a smaller burden on data analysts and the value of their work. According to the above mentioned key factors, the main contribution of the article is the use of a virtual expert in the form of a computer-enhanced mathematical tool, i.e., a programming library for a forecasting time series. The chosen software tool is the Prophet library-a Facebook tool that can be used in Python or R programming languages.

Język oryginałuangielski
Numer artykułu65
CzasopismoInformation (Switzerland)
Tom11
Numer wydania2
Identyfikatory DOI
Status publikacjiOpublikowano - 1 lut 2020

Obszary tematyczne ASJC Scopus

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