Decision making process for business can be risky. Corporate decision makers have to make decisions to protect company's benefit and lower the risk. This book examines and analyzes the use of data mining techniques and Monte Carlo simulations as a forecasting tool. In order to evaluate data mining approach on forecasting, a tool, called IFF, was developed for evaluating and simulating forecasts. Specifically data mining techniques' and simulation's ability to predict, evaluate and validate Port Industry forecasts is tested. Accuracy is calculated with data mining methods. Finally the...