In production and business activities, analysis and forecasting plays a very important role. From forecasting, we can develop plans and strategies to maximize profits and minimize production costs.
At present, in the world, the analysis and forecasting problem has been widely applied in production and business activities, such as forecasting activities of GDP, banking and finance, unemployment, ... In Vietnam, the analysis and forecasting problems have been studied and proposed by some managers and economic specialists in a number of specific fields such as analysis and forecast. Financial situation, forecast of stock price fluctuation, forecast of impact of foreign investment capital and price forecast of some commodity materials.
In order to promote the development of the Vietnamese economy, to ensure social security, and to have employees earn more income, it is very important that managers in key economic groups should develop solutions, exploit the tools and advantages of information technology to support the analysis and forecast revenue.
In order to improve the understanding and practical approach to the production process, we have been able to practice at Thai Nguyen Iron and Steel Joint Stock Company. Thanks to that, it gives you a great source of knowledge about the production process at the company. Through a period of practice together with his passion for scientific research, he wishes to contribute a little to the company, which will help the company grow. Below is my research paper with the topic: Forecast of industrial production value of Thai Nguyen Iron and Steel Joint Stock Company for the period 2018-2021.