Forecasting: principles and practice



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Size | 26 MB (26,085 KB) |
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Format | |
Downloaded | 654 times |
Status | Available |
Last checked | 13 Hour ago! |
Author | Rob J. Hyndman |
“Book Descriptions: 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.”