Business Forecasting

Business Forecasting PDF Author: Michael Gilliland
Publisher: John Wiley & Sons
ISBN: 1119782473
Category : Business & Economics
Languages : en
Pages : 435

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Book Description
Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.

Business Forecasting

Business Forecasting PDF Author: Michael Gilliland
Publisher: John Wiley & Sons
ISBN: 1119782473
Category : Business & Economics
Languages : en
Pages : 435

Get Book Here

Book Description
Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.

Weather Prediction by Numerical Process

Weather Prediction by Numerical Process PDF Author: Lewis F. Richardson
Publisher:
ISBN:
Category : Numerical weather forecasting
Languages : en
Pages : 258

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Book Description


IEA Wind Recommended Practice for the Implementation of Renewable Energy Forecasting Solutions

IEA Wind Recommended Practice for the Implementation of Renewable Energy Forecasting Solutions PDF Author: Corinna Möhrlen
Publisher: Academic Press
ISBN: 0443186820
Category : Technology & Engineering
Languages : en
Pages : 390

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Book Description
Published as an Open Access book available on Science Direct, IEA Wind Recommended Practices for the Implementation of Renewable Energy Forecasting Solutions translates decades of academic knowledge and standard requirements into applicable procedures and decision support tools for the energy industry. Designed specifically for practitioners in the energy industry, readers will find the tools to maximize the value of renewable energy forecast information in operational decision-making applications and significantly reduce the costs of integrating large amounts of wind and solar generation assets into grid systems through more efficient management of the renewable generation variability. Authored by a group of international experts as part of the IEA Wind Task 36 (Wind Energy Forecasting), the book addresses the issue that many current operational forecast solutions are not properly optimized for their intended applications. It provides detailed guidelines and recommended practices on forecast solution selection processes, designing and executing forecasting benchmarks and trials, forecast solution evaluation, verification, and validation, and meteorological and power data requirements for real-time forecasting applications. In addition, the guidelines integrate probabilistic forecasting, integrate wind and solar forecasting, offer improved IT data exchange and data format standards, and have a dedicated section to dealing with the requirements for SCADA and meteorological measurements. A unique and comprehensive reference, IEA Wind Recommended Practices for the Implementation of Renewable Energy Forecasting Solutions is an essential guide for all practitioners involved in wind and solar energy generation forecasting from forecast vendors to end-users of renewable forecasting solutions. - Brings together the decades-long expertise of authors from a range of backgrounds, including universities and government laboratories, commercial forecasters, and operational forecast end-users into a single comprehensive set of practices - Addresses all areas of wind power forecasting, including forecasting methods, measurement selection, setup and data quality control, and the evaluation of forecasting processes related to renewable energy forecasting - Provides purpose-built decision-support tools, process diagrams, and code examples to help readers visualize and navigate the book and support decision-making

Forecasting: principles and practice

Forecasting: principles and practice PDF Author: Rob J Hyndman
Publisher: OTexts
ISBN: 0987507117
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
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.

Practical Meteorology

Practical Meteorology PDF Author: Roland Stull
Publisher: Sundog Publishing, LLC
ISBN: 9780888652836
Category : Science
Languages : en
Pages : 942

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Book Description
A quantitative introduction to atmospheric science for students and professionals who want to understand and apply basic meteorological concepts but who are not ready for calculus.

Extreme Weather Forecasting

Extreme Weather Forecasting PDF Author: Marina Astitha
Publisher: Elsevier
ISBN: 0128202432
Category : Science
Languages : en
Pages : 359

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Book Description
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. - Reviews recent developments in numerical prediction for better forecasting of extreme weather events - Covers causes and mechanisms of high impact extreme events and how to account for these variables when forecasting - Includes numerous case studies on successful forecasting, outlining why they worked

Our Experience Converting an IBM Forecasting Solution from R to IBM SPSS Modeler

Our Experience Converting an IBM Forecasting Solution from R to IBM SPSS Modeler PDF Author: Pitipong JS Lin
Publisher: IBM Redbooks
ISBN: 0738454141
Category : Computers
Languages : en
Pages : 82

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Book Description
This IBM® RedpaperTM publication presents the process and steps that were taken to move from an R language forecasting solution to an IBM SPSS® Modeler solution. The paper identifies the key challenges that the team faced and the lessons they learned. It describes the journey from analysis through design to key actions that were taken during development to make the conversion successful. The solution approach is described in detail so that you can learn how the team broke the original R solution architecture into logical components in order to plan for the conversion project. You see key aspects of the conversion from R to IBM SPSS Modeler and how basic parts, such as data preparation, verification, pre-screening, and automating data quality checks, are accomplished. The paper consists of three chapters: Chapter 1 introduces the business background and the problem domain. Chapter 2 explains critical technical challenges that the team confronted and solved. Chapter 3 focuses on lessons that were learned during this process and ideas that might apply to your conversion project. This paper applies to various audiences: Decision makers and IT Architects who focus on the architecture, roadmap, software platform, and total cost of ownership. Solution development team members who are involved in creating statistical/analytics-based solutions and who are familiar with R and IBM SPSS Modeler.

Fair Weather

Fair Weather PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030916852X
Category : Science
Languages : en
Pages : 238

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Book Description
Decades of evolving U.S. policy have led to three sectors providing weather servicesâ€"NOAA (primarily the National Weather Service [NWS]), academic institutions, and private companies. This three-sector system has produced a scope and diversity of weather services in the United States second to none. However, rapid scientific and technological change is changing the capabilities of the sectors and creating occasional friction. Fair Weather: Effective Partnerships in Weather and Climate Services examines the roles of the three sectors in providing weather and climate services, the barriers to interaction among the sectors, and the impact of scientific and technological advances on the weather enterprise. Readers from all three sectors will be interested in the analysis and recommendations provided in Fair Weather.

Navigating Strategic Decisions

Navigating Strategic Decisions PDF Author: John E. Triantis
Publisher: CRC Press
ISBN: 1466585994
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
Based on four decades of experience and research, Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting explains how to improve the decision-making process in your organization through the use of better long-term forecasts and decision support. Filled with time-tested methodologies and models, it provides you with the tools to establish the organization, processes, methods, and techniques required for analyzing and forecasting strategic decisions. Describing how to foster the conditions required for forecasts to materialize, this book will help you rank project valuations and select higher value creation projects. It also teaches you how to: Assess the commercial feasibility of large projects Apply sanity checks to forecasts and assess their resource implications Benchmark best-in-class strategic forecasting organizations, processes, and practices Identify project risks and manage project uncertainty Analyze forecasting models and scenarios to determine controllable levers Pinpoint factors needed to ensure that forecasted future states materialize as expected This book provides you with the benefit of the author’s decades of hands-on experience. In this book, John Triantis shares valuable insights on strategic planning, new product development, portfolio management, and business development groups. Describing how to provide world-class support to your corporate, market, and other planning functions, the book provides you with the tools to consistently make improved decisions that are based on hard data, balanced evaluations, well considered scenarios, and sound forecasts.

Demand-Driven Forecasting

Demand-Driven Forecasting PDF Author: Charles W. Chase
Publisher: John Wiley & Sons
ISBN: 1118735579
Category : Business & Economics
Languages : en
Pages : 390

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Book Description
An updated new edition of the comprehensive guide to better business forecasting Many companies still look at quantitative forecasting methods with suspicion, but a new awareness is emerging across many industries as more businesses and professionals recognize the value of integrating demand data (point-of-sale and syndicated scanner data) into the forecasting process. Demand-Driven Forecasting equips you with solutions that can sense, shape, and predict future demand using highly sophisticated methods and tools. From a review of the most basic forecasting methods to the most advanced and innovative techniques in use today, this guide explains demand-driven forecasting, offering a fundamental understanding of the quantitative methods used to sense, shape, and predict future demand within a structured process. Offering a complete overview of the latest business forecasting concepts and applications, this revised Second Edition of Demand-Driven Forecasting is the perfect guide for professionals who need to improve the accuracy of their sales forecasts. Completely updated to include the very latest concepts and methods in forecasting Includes real case studies and examples, actual data, and graphical displays and tables to illustrate how effective implementation works Ideal for CEOs, CFOs, CMOs, vice presidents of supply chain, vice presidents of demand forecasting and planning, directors of demand forecasting and planning, supply chain managers, demand planning managers, marketing analysts, forecasting analysts, financial managers, and any other professional who produces or contributes to forecasts Accurate forecasting is vital to success in today's challenging business climate. Demand-Driven Forecasting offers proven and effective insight on making sure your forecasts are right on the money.