Purpose – The purpose of this paper is to establish correlations among the input variables of production within themselves and input variables of consumption within themselves and to forecast the production and consumption of the rice. Design/methodology/approach – The production and...

Purpose The present paper aims to draw an attention towards the inclusion of forecast related costs. Its main purpose is to initiate a new line of research/practice including the forecasting expenditure. Design/methodology/approach After a relevant review of supply chain/procurement/production...