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Review Paper

APPLICATION OF ANALYTICAL NETWORK PROCESS IN FORECASTING AUTOMOBILE SALES OF FIAT 500 L

Predrag Mimović

Faculty of Economics, University of Kragujevac, Kragujevac, Serbia

This paper describes the application of Analytic Network Process (ANP) in the modeling and analysis of various factors and the impact on the forecasting processes in situations when there is a need for the integration of contextual information, which is the result of sudden and unpredictable changes in the environment in which the company operates. The model is applied on a sample in forecasting the sale of a new model automobile Fiat 500 L, and is based on the professional knowledge of experts in automobile market trends, the actual current and projected trends in automobile sale and subjective evaluations of the authors, and in the context of the global economic crisis which signifi cantly aff ects automobile sale in the world market.

Keywords: 

sale, forecasting, automotive industry, the analytical network process

JEL Classification: 

C51, C53, D81,E27, F47
doi:10.5937/ekonhor1203165M
Economic Horizons, 2012, 14 (3), Published online December 12th 2012

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Since September 2013, the Journal is indexed in Index Copernicus Journals Master List 2012

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ICV 2020 = 90.77

Since March 2013, the Journal has been evaluаted and accepted for listing in EconLit (American Economic Association Publications)

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Since January 2013, the Journal has been included into EBSCO’s databases

EBSCO

Since November 2012, the Journal has been included into Ulrich’s Periodicals Directory 

Ulrich’s Web

Since October 2020, the Journal is referenced in SCOPUS

SCImago Journal & Country Rank

Since March 2015, the Journal is indexed in DOAJ

DOAJ

Since November 2013, the Journal is indexed in ProQuest – ABI/INFORM

ProQuest – ABI/INFORM

Since October 2013, the Journal is indexed in Cabell’s Directories

Cabell’s Directories

Since September 2013, the Journal is indexed in Index Copernicus Journals Master List 2012

Index Copernicus Journals Master List
ICV 2020 = 90.77

Since March 2013, the Journal has been evaluаted and accepted for listing in EconLit (American Economic Association Publications)

EconLit

Since January 2013, the Journal has been included into EBSCO’s databases

EBSCO

Since November 2012, the Journal has been included into Ulrich’s Periodicals Directory 

Ulrich’s Web