Forecasting: principles and practice

Athanasopoulos, George,Hyndman, Rob J

ISBN 10: 0987507117 / ISBN 13: 9780987507112

Published by OTexts, 2018

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Synopsis:

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.In this second edition, all chapters have been updated to cover the latest research and forecasting methods. Three new chapters have been added on dynamic regression forecasting, hierarchical forecasting and practical forecasting issues. The latest version of the book is freely available online at http://OTexts.com/fpp2.

Bibliographic Details

Title: Forecasting: principles and practice
Publisher: OTexts
Publication Date: 2018
Binding: Paperback
Condition: Good
Edition: 2nd Edition