Combining multiple forecasts given multiple objectives

Gary R. Reeves, Kenneth D. Lawrence

Research output: Contribution to journalArticlepeer-review

28 Scopus citations


This paper is concerned with expanding the decision support capabilities of computerized forecasting systems. The expansion allows for the systematic combination of multiple forecasts and the explicit consideration of multiple objectives in the forecast selection process. The methodology used is multiple objective linear programming. Selecting an individual forecast based upon a single objective may not make the best use of available information for a variety of reasons. Combined forecasts may provide a better fit with respect to a single objective than any individual forecast. Even if an individual forecast does provide a good fit with respect to a single objective, a combined forecast may provide a better fit with respect to multiple objectives. An example is used to illustrate the expanded decision support system, its outputs and their properties.

Original languageEnglish (US)
Pages (from-to)271-279
Number of pages9
JournalJournal of Forecasting
Issue number3
StatePublished - 1982
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Computer Science Applications
  • Statistics, Probability and Uncertainty
  • Modeling and Simulation
  • Strategy and Management
  • Management Science and Operations Research


  • Combining forecasts
  • Mathematical programming
  • Multiple objectives


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