• Demand Forecasting | Techniques of Demand Forecasting

    Managerial Economics; Management; Demand Forecasting | Techniques of Demand Forecasting; Introduction 00:00:00- 00:00:40 Demand Forecast 00:00:41- 00:02:15 *What is meant by demand forecasting? *The importance of demand forecast How to Forecast Demand? 00:02:16- 00:23:16 *Various steps for demand forecasting *Techniques of demand forecasting - Survey methods: - consumer survey and opinion poll - Statistical methods:- trend method, barometric projection and econometric method *Different subcategories under these methods *How to conduct ‘market studies and experiment’ (opinion poll method)? Conclusion 00:23:18- 00:23:27 Video by Edupedia World(www.edupediaworld.com), Free Online Education; Click here https://www.youtube.com/playlist?list=PLJumA3phskPFwp2XXInxCWpv28nPMimDU for m...

    published: 25 Feb 2015
  • Forecast Function in MS Excel

    The forecast function in MS Excel can be used to forecast sales, consumer trends and even weight loss! For more details: http://www.familycomputerclub.com/excel/forecast-function-in-excel.html

    published: 14 Feb 2013
  • Forecasting - Simple moving average - Example 1

    In this video, you will learn how to find out the 3 month and 4 monthly moving average for demand forecasting.

    published: 21 Feb 2014
  • Forecasting - Trend Projection PART 1

    Video tutorial of forecasting using linear trend line projection

    published: 01 Feb 2013
  • Forecasting - Linear regression - Example 1 - Part 1

    In this video, you will learn how to find the demand forecast using linear regression.

    published: 24 Feb 2014
  • Basic Excel Business Analytics #56: Forecasting with Linear Regression: Trend & Seasonal Pattern

    Download file from “Highline BI 348 Class” section: https://people.highline.edu/mgirvin/excelisfun.htm Learn: 1) (00:11) Forecasting using Regression when we see a trend and belief the trend will extend into the future. Will will predict outside the Experimental Region with the Assumption is that trend continues into future. 2) (00:53) Forecast a Trend using Simple Liner Regression. We use the Data Analysis Regression Feature. 3) (03:22) Learn how to use FORECAST function. 4) (08:57) Forecast a Seasonal Pattern using Multiple Regression and three Categorical Variables for quarter using Multiple Linear Regression. We use the Data Analysis Regression Feature. 5) (12:12) VLOOKUP & MATCH functions with Mixed Cell References to populate new categorical variable columns with the Boolean ones and...

    published: 04 Dec 2015
  • Excel - Time Series Forecasting - Part 1 of 3

    Part 2: http://www.youtube.com/watch?v=5C012eMSeIU&feature=youtu.be Part 3: http://www.youtube.com/watch?v=kcfiu-f88JQ&feature=youtu.be This is Part 1 of a 3 part "Time Series Forecasting in Excel" video lecture. Be sure to watch Parts 2 and 3 upon completing Part 1. The links for 2 and 3 are in the video as well as above.

    published: 18 Apr 2013
  • Artist uses visual projection to change people's faces

    Subscribe here: http://bit.ly/ODNsubs Artist Nobumichi Asai has found a way to project and map expressions onto people's faces, effectively creating a visual facial mask. He and his team displayed their three-dimensional facial projection mapping system to a select group of spectators in Tokyo. The team drew inspiration from the sense of beauty inherent in traditional Japanese culture, animation and technology. But they quickly discovered that simply projecting a totally symmetrical face seen typically in video games would produce a 'barbie doll' look, killing the realism, so they instead designed a face asymmetrically, introducing subtle flaws. Asai and his team are currently looking for funding to take the project, to the next level and are considering how they might be able to project o...

    published: 29 Aug 2014
  • Small Business Sales Forecasting

    http://www.driveyoursuccess.com This video provides insight into how using PERT: Project Evaluation & Review Technique can help small businesses improve their sales forecasting accuracy. It provides some simple steps to using PERT as a formula to improve sales forecasting.

    published: 11 Apr 2012
  • Using Excel for Basic Forecast Smoothing

    Naive forecast, moving average, weighted moving average, and exponential smoothing with monthly data and excel.

    published: 28 Feb 2010
  • DEMAND FORECASTING

    published: 19 May 2013
  • Short Term Load Forecasting Demo using Matlab

    this was a project for Electrical Energy systems subject where we had a one year historical data and we developed a model to forecast 24 hours loads of one day ahead please use 720(HD) quality and Full screen for better reading. To get the code, please contact me: tareqaziz2010@gmail.com or ee.hobbyist@gmail.com

    published: 12 Apr 2013
  • Forecasting Trend and Seasonality

    Using dummy variables and multiple linear regression to forecast trend and seasonality

    published: 30 Jul 2013
  • Accuracy in Sales Forecasting

    Forecast Accuracy Calculating the Absolute Error The Mean Absolute Error has strong capabilities for assessing forecast accuracy in the context of inventory optimization and it is very simple to calculate and use. The Absolute Error is the absolute difference between forecasted and actual value in number of items. Intuitively, we can think of the Absolute Error as the number of items the forecast is off from what actually happens. Absolute means that the formula disregards whether the forecast is too high, or too low, all that counts is by how many items the forecast is off the actual value, negative algebraic signs are therefore not regarded. Calculating MAPE MAPE stands for Mean Absolute Percentage Error. We arrive at MAPE by dividing the Absolute Error by the forecasted v...

    published: 06 Sep 2011
  • My Screencast "Demand Projection"

    Graphics Description

    published: 26 Mar 2015
  • SALES FORECASTING METHODS

    published: 08 Nov 2013
Demand Forecasting | Techniques of Demand Forecasting

Demand Forecasting | Techniques of Demand Forecasting

  • Order:
  • Duration: 23:28
  • Updated: 25 Feb 2015
  • views: 7133
videos
Managerial Economics; Management; Demand Forecasting | Techniques of Demand Forecasting; Introduction 00:00:00- 00:00:40 Demand Forecast 00:00:41- 00:02:15 *What is meant by demand forecasting? *The importance of demand forecast How to Forecast Demand? 00:02:16- 00:23:16 *Various steps for demand forecasting *Techniques of demand forecasting - Survey methods: - consumer survey and opinion poll - Statistical methods:- trend method, barometric projection and econometric method *Different subcategories under these methods *How to conduct ‘market studies and experiment’ (opinion poll method)? Conclusion 00:23:18- 00:23:27 Video by Edupedia World(www.edupediaworld.com), Free Online Education; Click here https://www.youtube.com/playlist?list=PLJumA3phskPFwp2XXInxCWpv28nPMimDU for more videos on Managerial Economics; All Rights Reserved.
https://wn.com/Demand_Forecasting_|_Techniques_Of_Demand_Forecasting
Forecast Function in MS Excel

Forecast Function in MS Excel

  • Order:
  • Duration: 4:39
  • Updated: 14 Feb 2013
  • views: 245440
videos
The forecast function in MS Excel can be used to forecast sales, consumer trends and even weight loss! For more details: http://www.familycomputerclub.com/excel/forecast-function-in-excel.html
https://wn.com/Forecast_Function_In_Ms_Excel
Forecasting - Simple moving average - Example 1

Forecasting - Simple moving average - Example 1

  • Order:
  • Duration: 10:30
  • Updated: 21 Feb 2014
  • views: 61196
videos
In this video, you will learn how to find out the 3 month and 4 monthly moving average for demand forecasting.
https://wn.com/Forecasting_Simple_Moving_Average_Example_1
Forecasting - Trend Projection PART 1

Forecasting - Trend Projection PART 1

  • Order:
  • Duration: 5:57
  • Updated: 01 Feb 2013
  • views: 18037
videos
Video tutorial of forecasting using linear trend line projection
https://wn.com/Forecasting_Trend_Projection_Part_1
Forecasting - Linear regression - Example 1 - Part 1

Forecasting - Linear regression - Example 1 - Part 1

  • Order:
  • Duration: 24:05
  • Updated: 24 Feb 2014
  • views: 25056
videos
In this video, you will learn how to find the demand forecast using linear regression.
https://wn.com/Forecasting_Linear_Regression_Example_1_Part_1
Basic Excel Business Analytics #56: Forecasting with Linear Regression: Trend & Seasonal Pattern

Basic Excel Business Analytics #56: Forecasting with Linear Regression: Trend & Seasonal Pattern

  • Order:
  • Duration: 25:22
  • Updated: 04 Dec 2015
  • views: 20984
videos
Download file from “Highline BI 348 Class” section: https://people.highline.edu/mgirvin/excelisfun.htm Learn: 1) (00:11) Forecasting using Regression when we see a trend and belief the trend will extend into the future. Will will predict outside the Experimental Region with the Assumption is that trend continues into future. 2) (00:53) Forecast a Trend using Simple Liner Regression. We use the Data Analysis Regression Feature. 3) (03:22) Learn how to use FORECAST function. 4) (08:57) Forecast a Seasonal Pattern using Multiple Regression and three Categorical Variables for quarter using Multiple Linear Regression. We use the Data Analysis Regression Feature. 5) (12:12) VLOOKUP & MATCH functions with Mixed Cell References to populate new categorical variable columns with the Boolean ones and zeroes. 6) (19:53) Forecast a Trend with a Seasonal Pattern using Multiple Regression and three Categorical Variables for quarter and one quantitative variable using Multiple Linear Regression. We use the Data Analysis Regression Feature. 7) Download Excel File Not: After clicking on link, Use Ctrl + F (Find) and search for “Highline BI 348 Class” or for the file name as seen at the beginning of the video.
https://wn.com/Basic_Excel_Business_Analytics_56_Forecasting_With_Linear_Regression_Trend_Seasonal_Pattern
Excel - Time Series Forecasting - Part 1 of 3

Excel - Time Series Forecasting - Part 1 of 3

  • Order:
  • Duration: 18:06
  • Updated: 18 Apr 2013
  • views: 368366
videos
Part 2: http://www.youtube.com/watch?v=5C012eMSeIU&feature=youtu.be Part 3: http://www.youtube.com/watch?v=kcfiu-f88JQ&feature=youtu.be This is Part 1 of a 3 part "Time Series Forecasting in Excel" video lecture. Be sure to watch Parts 2 and 3 upon completing Part 1. The links for 2 and 3 are in the video as well as above.
https://wn.com/Excel_Time_Series_Forecasting_Part_1_Of_3
Artist uses visual projection to change people's faces

Artist uses visual projection to change people's faces

  • Order:
  • Duration: 1:21
  • Updated: 29 Aug 2014
  • views: 11920
videos
Subscribe here: http://bit.ly/ODNsubs Artist Nobumichi Asai has found a way to project and map expressions onto people's faces, effectively creating a visual facial mask. He and his team displayed their three-dimensional facial projection mapping system to a select group of spectators in Tokyo. The team drew inspiration from the sense of beauty inherent in traditional Japanese culture, animation and technology. But they quickly discovered that simply projecting a totally symmetrical face seen typically in video games would produce a 'barbie doll' look, killing the realism, so they instead designed a face asymmetrically, introducing subtle flaws. Asai and his team are currently looking for funding to take the project, to the next level and are considering how they might be able to project on the human body next. Report by Lauren Hood. Like our tunes? Check out Stone Ocean's music here: http://bit.ly/StoneOcean Current affairs, amazing footage and incredible stories. Welcome to ODN - On Demand News. Formerly the ITN YouTube channel, ODN is your home for the top visual stories happening across the globe. Like us on Facebook: http://bit.ly/ODNface Follow us on Twitter: http://bit.ly/ODNTweets Add us on Google+: http://bit.ly/ODNplus More stories from ODN: Incredible dog walks on two paws: http://bit.ly/LittleTwoPaws Necklace thief caught by shop worker: http://bit.ly/CCTVThief Dolphin seeks help from human: http://bit.ly/DolphinHelp Stunning Southern Lights display from space: http://bit.ly/SpaceLights Shark forces beach evacuation near 'Jaws' site: http://bit.ly/BeachEvacuation Body illusions you have to see to believe: http://bit.ly/JapaneseArtist IS video shows 'conversion' of Yazidis to Islam: http://bit.ly/IslamConversion Police crash into vehicle going the wrong way on M6: http://bit.ly/M6Smash George Bush takes on the Ice Bucket Challenge: http://bit.ly/BushBucket Islamic State to US: We will drown you in blood: http://bit.ly/1sTVnYD Cat rescued after 53 days in a chimney: http://bit.ly/YaoYao Baby in pushchair rolls off platform onto railway: http://bit.ly/SurreyRail Pope Francis poses for a selfie: http://bit.ly/PopeSelfie Africa's last polar bear dies of a broken heart: http://bit.ly/AfricaBear Officer stops apparent suicide attempt: http://bit.ly/HeroOfficer Flash flood smashes through hospital doors: http://bit.ly/HospitalFlood US launches new surveillance satellite: http://bit.ly/SatelliteLaunch See 2013's Most Watched Videos: http://bit.ly/ODN2013 Watch our videos with more a million views: http://bit.ly/ODNMillion
https://wn.com/Artist_Uses_Visual_Projection_To_Change_People's_Faces
Small Business Sales Forecasting

Small Business Sales Forecasting

  • Order:
  • Duration: 6:07
  • Updated: 11 Apr 2012
  • views: 8726
videos
http://www.driveyoursuccess.com This video provides insight into how using PERT: Project Evaluation & Review Technique can help small businesses improve their sales forecasting accuracy. It provides some simple steps to using PERT as a formula to improve sales forecasting.
https://wn.com/Small_Business_Sales_Forecasting
Using Excel for Basic Forecast Smoothing

Using Excel for Basic Forecast Smoothing

  • Order:
  • Duration: 7:27
  • Updated: 28 Feb 2010
  • views: 210893
videos
Naive forecast, moving average, weighted moving average, and exponential smoothing with monthly data and excel.
https://wn.com/Using_Excel_For_Basic_Forecast_Smoothing
DEMAND FORECASTING

DEMAND FORECASTING

  • Order:
  • Duration: 37:07
  • Updated: 19 May 2013
  • views: 10113
videos
https://wn.com/Demand_Forecasting
Short Term Load Forecasting Demo using Matlab

Short Term Load Forecasting Demo using Matlab

  • Order:
  • Duration: 6:33
  • Updated: 12 Apr 2013
  • views: 18745
videos
this was a project for Electrical Energy systems subject where we had a one year historical data and we developed a model to forecast 24 hours loads of one day ahead please use 720(HD) quality and Full screen for better reading. To get the code, please contact me: tareqaziz2010@gmail.com or ee.hobbyist@gmail.com
https://wn.com/Short_Term_Load_Forecasting_Demo_Using_Matlab
Forecasting Trend and Seasonality

Forecasting Trend and Seasonality

  • Order:
  • Duration: 9:07
  • Updated: 30 Jul 2013
  • views: 43101
videos
Using dummy variables and multiple linear regression to forecast trend and seasonality
https://wn.com/Forecasting_Trend_And_Seasonality
Accuracy in Sales Forecasting

Accuracy in Sales Forecasting

  • Order:
  • Duration: 7:30
  • Updated: 06 Sep 2011
  • views: 26041
videos
Forecast Accuracy Calculating the Absolute Error The Mean Absolute Error has strong capabilities for assessing forecast accuracy in the context of inventory optimization and it is very simple to calculate and use. The Absolute Error is the absolute difference between forecasted and actual value in number of items. Intuitively, we can think of the Absolute Error as the number of items the forecast is off from what actually happens. Absolute means that the formula disregards whether the forecast is too high, or too low, all that counts is by how many items the forecast is off the actual value, negative algebraic signs are therefore not regarded. Calculating MAPE MAPE stands for Mean Absolute Percentage Error. We arrive at MAPE by dividing the Absolute Error by the forecasted value. Intuitively, MAPE as a percentage provides us with a measurement of the forecast error relative to the actual value. reIn this example we take a look at a time series of three actuals and the respective forecasts, for which we calculate the MAPE. The absolute error of the first data pair is 110 -- 90 = 12 items. By dividing this value by the forecasted value we arrive at a percentage value, in this case 0.11. We can read this as the forecast has an absolute percentage error of 11percent. In the example we have done this for all data pairs, arriving at absolute percentage errors of 11percent, 25percent and 11percent. By taking the mean we arrive at the MAPE, which in this example is 16percent. Lets take a look why MAPE is frequently not suited to compare forecasts. MAPE is in most cases not suited to compare sales and demand forecasts. The main issue is its sensitivity to sparse time series. Sparse time series are items selling in very low quantities; most retailers have a large amount of this type of low selling products in the long tail of their product portfolio. What is a good forecast? A quantitative assessment of the accuracy of a forecast is meaningless without the context. For example, 5percent forecasting error is a bad result when forecasting the national electricity consumption 24h ahead while 80percent forecasting error is extremely good when forecasting first day sales of a new product. Factors affecting the accuracy of a demand forecast are manifold, such as volatility of demand, data aggregation level, the amount of available historic data, the forecast horizon, sparse data, availability of event data and many more. The easiest way to set the context is by comparing a forecast to the status quo or a competing forecast. A good forecast is the forecast that is more accurate than the next best alternative! Please remember, when comparing accuracies the Absolute Error should be used as it avoids distortions due to sparse time series.
https://wn.com/Accuracy_In_Sales_Forecasting
My Screencast "Demand Projection"

My Screencast "Demand Projection"

  • Order:
  • Duration: 1:46
  • Updated: 26 Mar 2015
  • views: 6
videos https://wn.com/My_Screencast_Demand_Projection
SALES FORECASTING METHODS

SALES FORECASTING METHODS

  • Order:
  • Duration: 24:19
  • Updated: 08 Nov 2013
  • views: 20329
videos
https://wn.com/Sales_Forecasting_Methods
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