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Details Product: Forecasting is required in many situations. Deciding whether to build another power generation plant in the next five years requires forecasts of future demand. Scheduling staff in a call centre next week requires forecasts of call volumes. Stocking an inventory requires forecasts of stock requirements. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly. Examples use R with many data sets taken from the authors' own consulting experience.
Author: Rob J. Hyndman
Language: English
Format: PDF / EPUB / MOBI
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PDF Download Forecasting: Principles and

Practice Full Description


Description PDF Download Forecasting: Principles

and Practice Full Description

Forecasting is required in many situations. Deciding whether to build another power

generation plant in the next five years requires forecasts of future demand.

Scheduling staff in a call centre next week requires forecasts of call volumes. Stocking

an inventory requires forecasts of stock requirements. Telecommunication routing

requires traffic forecasts a few minutes ahead. Whatever the circumstances or time

horizons involved, forecasting is an important aid in effective and efficient planning.

This textbook provides a comprehensive introduction to forecasting methods and

presents enough information about each method for readers to use them sensibly.

Examples use R with many data sets taken from the authors' own consulting

experience.

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