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February 26, 20260 citationsOpen Access

Time-Series Forecasting Model Evaluation in Ugandan Manufacturing Plants Systems: A Theoretical Framework

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ASAbimbale SserunkuwaKampala International UniversityKKKayima KiggundyeGulu UniversityONOrika NamugenyiKyambogo University

Key Points

  • The research aims to establish a theoretical framework for evaluating time-series forecasting models in Ugandan manufacturing plants to improve efficiency.
  • Conducted a literature review on time-series forecasting methods.
  • Collected data from selected Ugandan manufacturing plants.
  • Implemented a time-series forecasting model using statistical software.
  • Performed model validation through cross-validation techniques with robust standard errors.
  • Identified gaps in existing methodologies for evaluating manufacturing efficiency.
  • Proposed a theoretical framework to enhance operational performance.
  • Recommended seasonal adjustments for time-series forecasting models in agriculture.

Abstract

Recent studies have highlighted the importance of time-series forecasting models in evaluating manufacturing plant systems across various industries, including agriculture. In Uganda, there is a need for robust methodologies to assess efficiency gains and improve operational performance. The methodology will involve literature review, data collection from selected Ugandan manufacturing plants, and the implementation of a time-series forecasting model using statistical software. Model validation will be conducted through cross-validation techniques with robust standard errors. This theoretical framework provides a solid foundation for future empirical studies and offers actionable insights for optimising manufacturing plant operations in Uganda's agricultural sector. Manufacturing plants should consider implementing time-series forecasting models with seasonal adjustments to enhance their efficiency. Policy-makers can use this framework to develop targeted interventions that promote sustainable agriculture practices. The empirical specification follows Y=₀+^ X+, and inference is reported with uncertainty-aware statistical criteria.

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Cite This Study

Sserunkuwa et al. (2003) studied this question.

synapsesocial.com/papers/699fe3d995ddcd3a253e7ddehttps://doi.org/10.5281/zenodo.18764322
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