Forecasting: principles and practice

Forecasting: principles and practice
Author: Rob J Hyndman
Publisher: OTexts
Total Pages: 380
Release: 2018-05-08
Genre: Business & Economics
ISBN: 0987507117


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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.