Forecasting: principles and practice

Forecasting: principles and practice
Author :
Publisher : OTexts
Total Pages : 380
Release :
ISBN-10 : 9780987507112
ISBN-13 : 0987507117
Rating : 4/5 (12 Downloads)

Synopsis Forecasting: principles and practice by : Rob J Hyndman

Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. 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.

Demand Forecasting for Managers

Demand Forecasting for Managers
Author :
Publisher : Business Expert Press
Total Pages : 214
Release :
ISBN-10 : 9781606495032
ISBN-13 : 1606495038
Rating : 4/5 (32 Downloads)

Synopsis Demand Forecasting for Managers by : Stephan Kolassa

Most decisions and plans in a firm require a forecast. Not matching supply with demand can make or break any business, and that's why forecasting is so invaluable. Forecasting can appear as a frightening topic with many arcane equations to master. For this reason, the authors start out from the very basics and provide a non-technical overview of common forecasting techniques as well as organizational aspects of creating a robust forecasting process. The book also discusses how to measure forecast accuracy to hold people accountable and guide continuous improvement. This book does not require prior knowledge of higher mathematics, statistics, or operations research. It is designed to serve as a first introduction to the non-expert, such as a manager overseeing a forecasting group, or an MBA student who needs to be familiar with the broad outlines of forecasting without specializing in it.

Ecological Forecasting

Ecological Forecasting
Author :
Publisher : Princeton University Press
Total Pages : 285
Release :
ISBN-10 : 9781400885459
ISBN-13 : 1400885450
Rating : 4/5 (59 Downloads)

Synopsis Ecological Forecasting by : Michael C. Dietze

An authoritative and accessible introduction to the concepts and tools needed to make ecology a more predictive science Ecologists are being asked to respond to unprecedented environmental challenges. How can they provide the best available scientific information about what will happen in the future? Ecological Forecasting is the first book to bring together the concepts and tools needed to make ecology a more predictive science. Ecological Forecasting presents a new way of doing ecology. A closer connection between data and models can help us to project our current understanding of ecological processes into new places and times. This accessible and comprehensive book covers a wealth of topics, including Bayesian calibration and the complexities of real-world data; uncertainty quantification, partitioning, propagation, and analysis; feedbacks from models to measurements; state-space models and data fusion; iterative forecasting and the forecast cycle; and decision support. Features case studies that highlight the advances and opportunities in forecasting across a range of ecological subdisciplines, such as epidemiology, fisheries, endangered species, biodiversity, and the carbon cycle Presents a probabilistic approach to prediction and iteratively updating forecasts based on new data Describes statistical and informatics tools for bringing models and data together, with emphasis on: Quantifying and partitioning uncertainties Dealing with the complexities of real-world data Feedbacks to identifying data needs, improving models, and decision support Numerous hands-on activities in R available online

Forecasting for Economics and Business

Forecasting for Economics and Business
Author :
Publisher : Routledge
Total Pages : 511
Release :
ISBN-10 : 9781315510408
ISBN-13 : 1315510405
Rating : 4/5 (08 Downloads)

Synopsis Forecasting for Economics and Business by : Gloria González-Rivera

For junior/senior undergraduates in a variety of fields such as economics, business administration, applied mathematics and statistics, and for graduate students in quantitative masters programs such as MBA and MA/MS in economics. A student-friendly approach to understanding forecasting. Knowledge of forecasting methods is among the most demanded qualifications for professional economists, and business people working in either the private or public sectors of the economy. The general aim of this textbook is to carefully develop sophisticated professionals, who are able to critically analyze time series data and forecasting reports because they have experienced the merits and shortcomings of forecasting practice.

Forecasting Demand and Supply of Doctoral Scientists and Engineers

Forecasting Demand and Supply of Doctoral Scientists and Engineers
Author :
Publisher : National Academies Press
Total Pages : 104
Release :
ISBN-10 : 9780309171823
ISBN-13 : 0309171822
Rating : 4/5 (23 Downloads)

Synopsis Forecasting Demand and Supply of Doctoral Scientists and Engineers by : National Research Council

This report is the summary of a workshop conducted by the National Research Council in order to learn from both forecast makers and forecast users about improvements that can be made in understanding the markets for doctoral scientists and engineers. The workshop commissioned papers examined (1) the history and problems with models of demand and supply for scientists and engineers, (2) objectives and approaches to forecasting models, (3) margins of adjustment that have been neglected in models, especially substitution and quality, (4) the presentation of uncertainty, and (5) whether these forecasts of supply and demand are worthwhile, given all their shortcomings. The focus of the report was to provide guidance to the NSF and to scholars in this area on how models and the forecasts derived from them might be improved, and what role NSF should play in their improvement. In addition, the report examined issues of reporting forecasts to policymakers.

Principles of Forecasting

Principles of Forecasting
Author :
Publisher : Springer Science & Business Media
Total Pages : 880
Release :
ISBN-10 : 0792374010
ISBN-13 : 9780792374015
Rating : 4/5 (10 Downloads)

Synopsis Principles of Forecasting by : J.S. Armstrong

This handbook summarises knowledge from experts and empirical studies. It provides guidelines that can be applied in fields such as economics, sociology, and psychology. Includes a comprehensive forecasting dictionary.

Making Climate Forecasts Matter

Making Climate Forecasts Matter
Author :
Publisher : National Academies Press
Total Pages : 189
Release :
ISBN-10 : 9780309173407
ISBN-13 : 030917340X
Rating : 4/5 (07 Downloads)

Synopsis Making Climate Forecasts Matter by : National Research Council

El Nino has been with us for centuries, but now we can forcast it, and thus can prepare far in advance for the extreme climatic events it brings. The emerging ability to forecast climate may be of tremendous value to humanity if we learn how to use the information well. How does society cope with seasonal-to-interannual climatic variations? How have climate forecasts been usedâ€"and how useful have they been? What kinds of forecast information are needed? Who is likely to benefit from forecasting skill? What are the benefits of better forecasting? This book reviews what we know about these and other questions and identifies research directions toward more useful seasonal-to-interannual climate forecasts. In approaching their recommendations, the panel explores: Vulnerability of human activities to climate. State of the science of climate forecasting. How societies coevolved with their climates and cope with variations in climate. How climate information should be disseminated to achieve the best response. How we can use forecasting to better manage the human consequences of climate change.

Weather Forecasting Accuracy for FAA Traffic Flow Management

Weather Forecasting Accuracy for FAA Traffic Flow Management
Author :
Publisher : National Academies Press
Total Pages : 67
Release :
ISBN-10 : 9780309168373
ISBN-13 : 0309168376
Rating : 4/5 (73 Downloads)

Synopsis Weather Forecasting Accuracy for FAA Traffic Flow Management by : National Research Council

Accurate prediction of convective storms 2- to 6-hours in advance is critical to selecting air traffic routes with minimal weather delays or diversions. This report summarizes the discussions of a workshop to explore present convective weather forecasting skill, strategies for improving that skill, ways to verify forecasts are accurate, and how to make forecasts useful to air traffic controllers, airline dispatchers, and pilots.

Weather Analysis and Forecasting

Weather Analysis and Forecasting
Author :
Publisher : Academic Press
Total Pages : 199
Release :
ISBN-10 : 9780126192629
ISBN-13 : 0126192626
Rating : 4/5 (29 Downloads)

Synopsis Weather Analysis and Forecasting by : Patrick Santurette

A practical training manual and guide to analyzing circulation patterns and satellite imagery to improve operational forecasting.