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    3. Forecasting: Principles and Practice

    Forecasting: Principles and Practice

    Posted By: insetes
    Date: 17 Aug 2021 18:31:36
    Forecasting: Principles and Practice

    Forecasting: Principles and Practice By Rob J. Hyndman; George Athanasopoulos
    2018 | 292 Pages | ISBN: 0987507109 | PDF | 16 MB


    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.
    UPWARDS