Products related to Forecasting:
-
Economic Forecasting
Economic forecasting involves choosing simple yet robust models to best approximate highly complex and evolving data-generating processes.This poses unique challenges for researchers in a host of practical forecasting situations, from forecasting budget deficits and assessing financial risk to predicting inflation and stock market returns.Economic Forecasting presents a comprehensive, unified approach to assessing the costs and benefits of different methods currently available to forecasters. This text approaches forecasting problems from the perspective of decision theory and estimation, and demonstrates the profound implications of this approach for how we understand variable selection, estimation, and combination methods for forecasting models, and how we evaluate the resulting forecasts.Both Bayesian and non-Bayesian methods are covered in depth, as are a range of cutting-edge techniques for producing point, interval, and density forecasts.The book features detailed presentations and empirical examples of a range of forecasting methods and shows how to generate forecasts in the presence of large-dimensional sets of predictor variables. The authors pay special attention to how estimation error, model uncertainty, and model instability affect forecasting performance. * Presents a comprehensive and integrated approach to assessing the strengths and weaknesses of different forecasting methods* Approaches forecasting from a decision theoretic and estimation perspective* Covers Bayesian modeling, including methods for generating density forecasts* Discusses model selection methods as well as forecast combinations* Covers a large range of nonlinear prediction models, including regime switching models, threshold autoregressions, and models with time-varying volatility* Features numerous empirical examples* Examines the latest advances in forecast evaluation* Essential for practitioners and students alike
Price: 80.00 £ | Shipping*: 0.00 £ -
Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics
In a decentralized supply chain, most of the supply chain agents may not share information due to confidentiality policies, quality of information, or different system incompatibilities.Every actor holds its own set of information and attempts to maximize its objective (minimizing costs/minimizing inventory holdings) based on the available settings.Therefore, the agents control their own activities with the objective of improving their own competitiveness, which leads them to make decisions that maximize their local performance by ignoring the other agents or even the final consumer.These decisions are myopic because they do not consider the performance of all the partners to satisfy the consumer.Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics is a collection of innovative research that focuses on demand anticipation, forecasting, and order planning as well as humanitarian logistics to propose original solutions for existing problems.While highlighting topics including artificial intelligence, information sharing, and operations management, this book is ideally designed for supply chain managers, logistics personnel, business executives, management experts, operation industry professionals, academicians, researchers, and students who want to improve their understanding of supply chain coordination in order to be competitive in the new era of globalization.
Price: 215.00 £ | Shipping*: 0.00 £ -
Extreme Weather Forecasting
Extreme Weather Forecasting reviews current knowledge about extreme weather events, including key elements and less well-known variables to accurately forecast them.The book covers multiple temporal scales as well as components of current weather forecasting systems.Sections cover case studies on successful forecasting as well as the impacts of extreme weather predictability, presenting a comprehensive and model agnostic review of best practices for atmospheric scientists and others who utilize extreme weather forecasts.
Price: 118.00 £ | Shipping*: 0.00 £ -
Fashion Trend Forecasting
An understanding of trends is a fundamental skill for anyone working in the fashion industry.In this book Gwyneth Holland and Rae Jones look at how to produce a well-researched trend, from initial inspiration to concrete idea and, eventually, real product.Illustrated throughout with insights from practising trend forecasters and industry insiders, it is an invaluable guide for fashion students and practitioners alike.
Price: 26.99 £ | Shipping*: 0.00 £
-
What is deterministic demand forecasting?
Deterministic demand forecasting is a method of predicting future demand for a product or service based on historical data and known factors without considering any randomness or variability. It assumes that future demand can be accurately forecasted using precise data and deterministic models. This approach is often used when demand patterns are stable and predictable, making it easier to forecast future demand with a high degree of certainty. However, deterministic forecasting may not account for unexpected events or changes in market conditions that could impact demand.
-
Do you have experience with Parcello forecasting?
As an AI, I do not have personal experiences. However, I can provide information on Parcello forecasting. Parcello forecasting is a method used to predict future parcel delivery volumes based on historical data and trends. It helps logistics companies optimize their operations by anticipating peak delivery periods and adjusting resources accordingly. By utilizing Parcello forecasting, companies can improve efficiency, reduce costs, and enhance customer satisfaction.
-
Is there a significant difference between predicting and forecasting?
Predicting and forecasting are often used interchangeably, but there is a subtle difference between the two. Predicting typically involves making an educated guess or estimation about a future event based on current data or trends. On the other hand, forecasting involves using statistical models and analysis to make more accurate and precise predictions about future outcomes. Forecasting is generally considered to be a more systematic and rigorous process compared to predicting.
-
What are the main forecast and variations in weather forecasting?
The main forecast in weather forecasting includes predicting temperature, precipitation, wind speed and direction, humidity, and atmospheric pressure. Variations in weather forecasting can include short-term forecasts (up to 3 days), medium-term forecasts (3-7 days), and long-term forecasts (beyond 7 days). Additionally, specialized forecasts for events such as hurricanes, tornadoes, and severe storms are also part of weather forecasting. These forecasts are based on a combination of historical data, current weather patterns, and advanced computer models.
Similar search terms for Forecasting:
-
Forecasting : An Essential Introduction
Concise, engaging, and highly intuitive—this accessible guide equips you with an understanding of all the basic principles of forecasting Making accurate predictions about the economy has always been difficult, as F.A. Hayek noted when accepting his Nobel Prize in economics, but today forecasters have to contend with increasing complexity and unpredictable feedback loops.In this accessible and engaging guide, David Hendry, Michael Clements, and Jennifer Castle provide a concise and highly intuitive overview of the process and problems of forecasting.They explain forecasting concepts including how to evaluate forecasts, how to respond to forecast failures, and the challenges of forecasting accurately in a rapidly changing world. Topics covered include: What is a forecast? How are forecasts judged? And how can forecast failure be avoided? Concepts are illustrated using real-world examples including financial crises, the uncertainty of Brexit, and the Federal Reserve’s record on forecasting.This is an ideal introduction for university students studying forecasting, practitioners new to the field and for general readers interested in how economists forecast.
Price: 19.99 £ | Shipping*: 3.99 £ -
Demand Forecasting Best Practices
Master the demand forecasting skills you need to decide what resources to acquire, products to produce, and where and how to distribute them.For demand planners, S&OP managers, supply chain leaders, and data scientists.Demand Forecasting Best Practices is a unique step-by-step guide, demonstrating forecasting tools, metrics, and models alongside stakeholder management techniques that work in a live business environment. You will learn how to: Lead a demand planning team to improve forecasting quality while reducing workloadProperly define the objectives, granularity, and horizon of your demand planning processUse smart, value-weighted KPIs to track accuracy and biasSpot areas of your process where there is room for improvementHelp planners and stakeholders (sales, marketing, finances) add value to your processIdentify what kind of data you should be collecting, and howUtilise different types of statistical and machine learning models Follow author Nicolas Vandeput's original five-step framework for demand planning excellence and learn how to tailor it to your own company's needs.You will learn how to optimise demand planning for a more effective supply chain and will soon be delivering accurate predictions that drive major business value. About the technology Demand forecasting is vital for the success of any product supply chain.It allows companies to make better decisions about what resources to acquire, what products to produce, and where and how to distribute them.As an effective demand forecaster, you can help your organisation avoid overproduction, reduce waste, and optimise inventory levels for a real competitive advantage.
Price: 30.99 £ | Shipping*: 0.00 £ -
Flood Forecasting : A Global Perspective
Flood Forecasting: A Global Perspective, Second Edition covers hydrologic forecasting systems on both a national and regional scale.This updated edition includes a breakdown by county contribution and solutions to common issues with a wide range of approaches to address the difficulties inherent in the development, implementation and operational success of national-scale flood forecasting systems.Special attention is given to recent advances in machine learning techniques for flood forecasting.Overall, the information will lead to improvements of existing systems and provide a valuable reference on the intricacies of forecast systems in different parts of the world.
Price: 121.00 £ | Shipping*: 0.00 £ -
Fashion Trends : Analysis and Forecasting
In a fast-moving global industry, how can anyone know what the next trend will be?Fashion Trends: Analysis and Forecasting offers a clear pathway into the theory and practice of forecasting fashion, using professional case studies to demonstrate each technique and concept.This revised edition includes an updated model of the fashion trend analysis and forecasting process and expanded coverage of social media, digital influencers, sustainability and social responsibility.There are also first-hand visual materials relating to forecasts from leading firms. With the rise of individualism and concern for the sustainable world, the authors also walk you through the ‘end of fashion’ and what comes next, including: recycled and upcycled fashion, garment rental, subscription services, the circular economy, transparency and traceability, and the role of forecasting in encouraging sustainable lifestyles. Key topics– The characteristics of an innovation– The influence of consumer groups– Long- and short-term fashion forecasting– Sociocultural factors and their influence on trends– Fashion professionals’ roles in creating and supporting trends– Consumer and industry trends accelerating product innovation and diffusion– Changing trend forecasting formats– The influence of trend forecasting on business decisions
Price: 22.99 £ | Shipping*: 3.99 £
-
What is a transport logistics company?
A transport logistics company is a business that specializes in managing the movement of goods from one place to another. This includes coordinating the transportation of goods by various modes such as road, rail, air, and sea, as well as managing the storage and distribution of goods. Transport logistics companies also handle the planning, scheduling, and tracking of shipments to ensure they reach their destination efficiently and on time. They play a crucial role in supply chain management by optimizing the movement of goods and reducing transportation costs for businesses.
-
Can you transport moving boxes by bicycle?
Yes, it is possible to transport moving boxes by bicycle. You can use a cargo bike or attach a trailer to your bicycle to carry the boxes. Make sure to secure the boxes properly to the bike or trailer to prevent them from falling off during transport. Additionally, consider the weight and size of the boxes to ensure that they can be safely transported by bicycle.
-
How can one transport moving boxes alone?
Transporting moving boxes alone can be challenging, but there are a few strategies that can make it easier. One option is to use a dolly or hand truck to move multiple boxes at once, reducing the number of trips needed. Another option is to use a backpack or harness to carry smaller boxes on your back, leaving your hands free to carry larger boxes. Additionally, using a rolling suitcase or luggage cart can be helpful for moving smaller boxes. It's important to lift with proper form to avoid injury, and to take breaks as needed to avoid overexertion.
-
What does delivery with own transport mean?
Delivery with own transport means that the company or individual delivering the goods is using their own vehicle to transport the items to the designated location. This could be a personal vehicle, a company-owned truck, or any other mode of transportation owned by the delivery person or company. This method of delivery allows for more control over the timing and handling of the goods, as well as potentially reducing costs associated with using a third-party delivery service.
* All prices are inclusive of VAT and, if applicable, plus shipping costs. The offer information is based on the details provided by the respective shop and is updated through automated processes. Real-time updates do not occur, so deviations can occur in individual cases.