Systems and Methods for Forecasting Using Business Goals

A characteristic forecasting system is disclosed. The characteristic forecasting system may have a memory module and a processor. The memory module may store instructions, that, when executed, enable the processor to determine a forecast function that includes one or more variables and represents forecasted characteristics of the target item. The processor may also be enabled to implement a genetic algorithm to generate one or more chromosomes having a data value for each of the variables of the forecast function, determine a chromosome value for at least one of the chromosomes that is based on a goal function including one or more measurable business goals. Moreover, the processor may be further enabled to select a chromosome from among the one or more chromosomes based on the chromosome value, and forecast the characteristics of the target item using the selected chromosome.