• 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
  • Forecasting - Trend Projection PART 1

    Video tutorial of forecasting using linear trend line projection

    published: 01 Feb 2013
  • 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 Get the book Excel 2016 Power Programming with VBA: http://amzn.to/2kDP35V If you are from India you can get this book here: http://amzn.to/2jzJGqU

    published: 14 Feb 2013
  • 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
  • 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
  • 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 Methods Overview

    This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories of approaches: quantitative and Qualitative. Quantitative forecasting approaches use historical data and correlative association to make forecasts. Qualitative forecasting approaches look at the opinions of experts, consumers, decision makers and other stakeholders. This video is about basic forecasting methods and covers 9 of the most common approaches. Avercast forecasting software makes good use of these approaches, and is powered by over 200 algorithms. Visit http://www.avercast.com/ for more information on our leading forecasting software.

    published: 08 Dec 2015
  • 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
  • Dark tranquillity - The fatalist (video projection)

    By popular demand, here is the animation for the "The fatalist", used as a video backdrop on Dark tranquillity's 2010 shows. Painted by Niklas Sundin using Alchemy 0.0.8, screen grabbed and then time stretched to 10-20 times the original painting speed. To see the projection in live action, look to the right.

    published: 03 Dec 2010
  • 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
  • How to Build a Forecasting Model in Excel - Tutorial

    Full course: http://courses.corporatefinanceinstitute.com/courses/fpa-rolling-12-month-cash-flow-forecast-course Master the art of building a rolling 12-month cash flow forecast model in our Financial Planning & Analysis (FP&A) course. In this course you will learn to build a cash flow model from scratch complete with assumptions, financials, supporting schedules and charts.

    published: 03 Aug 2016
  • 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
  • How To... Forecast Using Exponential Smoothing in Excel 2013

    Learn how to use exponential smoothing to forecast future needs in Excel 2013 for Time Series Analysis. Exponential Smoothing forecasts demand in the next time period by taking into account the actual demand in the current period and the forecasted demand for the current time period. Please visit (and subscribe to) my YouTube Channel to view methods of forecasting such as the Simple Moving Average and Weighted Moving Average methods.

    published: 05 Dec 2014
  • Forecasting - Trend Projection PART 2

    Video tutorial of forecasting using linear trend line projection

    published: 01 Feb 2013
  • 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
  • Forecasting time series using R by Prof Rob J Hyndman at Melbourne R Users

    Presenter: Prof Rob J Hyndman Slides available: http://robjhyndman.com/talks/melbournerug/ Melbourne R Users: http://www.meetup.com/MelbURN-Melbourne-Users-of-R-Network/ Other R User Group Videos: http://www.vcasmo.com/user/drewconway Info on upcoming book: http://robjhyndman.com/researchtips/fpp/ I will look at the various facilities for time series forecasting available in R, concentrating on the forecast package. This package implements several automatic methods for forecasting time series including foreasts from ARIMA models, ARFIMA models and exponential smoothing models. I will also look more generally at how to go about forecasting non-seasonal data, seasonal data, seasonal data with high frequency, and seasonal data with multiple frequencies. Examples will be taken from my own con...

    published: 15 Dec 2011
  • 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
  • Forecasting with Seasonality

    A brief Excel demonstration of solving a forecasting problem with seasonality.

    published: 08 Feb 2013
  • Forecasting in Excel Using Simple Linear Regression

    Get you Master of Science in Supply Chain Management online in as little as one year. Please visit: business.rutgers.edu/scmonline.

    published: 14 Feb 2012
  • Moving Average Forecast in Excel

    How to do a moving average forecast in Excel.

    published: 08 Oct 2011
  • My Screencast "Demand Projection"

    Graphics Description

    published: 26 Mar 2015
  • Forecast Accuracy: MAD, MSE, TS Formulas

    We enter the formulas that measure the accuracy of the forecast. Based in Excel 2003/2000.

    published: 12 Sep 2009
  • Random Projection Estimation of Discrete-Choice Models with Large Choice Sets

    Matthew Shum of Cal Tech discusses the use of machine learning ideas in the estimation of discrete choice models, the workhorse model of demand in economics and marketing. He demonstrated the use with large, high-dimensional data sets now available from online markets and large retailers.

    published: 30 Oct 2016
  • The Biggest Projection

    Stop it. Get Some Help. ♥♥♥ SUPPORT ME! ♥♥♥ ▼ Muh Patreon https://www.patreon.com/appabend ▼ Muh PayPal! https://www.paypal.me/appabend ▼ Follow Muh Twitter! https://twitter.com/appabend ▼ Ask ANYTHING https://ask.fm/appabend ==★★== ♫ OUTRO ♫ Vena Cava - TOHKA (feat. Raya) [NCS Release] http://y2u.be/uPjgyzWVblA ★ CREDITS ★ AVATARS: ChrisDarkerArt https://www.fiverr.com/chrisdarkerart SUIT: Shiromaki http://shiromaki.deviantart.com/ CLIP: Michael Jordan's McDonalds PSA CLIP: Rap Battle Parody CLIP: Persona 4 The Animation CLIP: Ghost Stories ► SOURCES -- MUH VIDEOS -- VIDEO: Celebrating Identity http://youtu.be/JhGSHALnsz8 VIDEO: Persona Underdogs http://youtu.be/9D-V_W4mUDs VIDEO: Dream Daddy Topping Top 10 on Steam http://youtu.be/6p77hlXC29s VIDEO: The Mary Sue Calling itsel...

    published: 27 Jul 2017
  • Demand project

    published: 12 May 2017
  • Demand project

    published: 15 Dec 2016
  • The Demand Project

    published: 23 Jun 2016
  • The Demand Project

    published: 21 Sep 2015
  • Supply and Demand Project

    published: 19 Jan 2017
developed with YouTube
Demand Forecasting | Techniques of Demand Forecasting

Demand Forecasting | Techniques of Demand Forecasting

  • Order:
  • Duration: 23:28
  • Updated: 25 Feb 2015
  • views: 28230
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
Forecasting - Trend Projection PART 1

Forecasting - Trend Projection PART 1

  • Order:
  • Duration: 5:57
  • Updated: 01 Feb 2013
  • views: 26639
videos
Video tutorial of forecasting using linear trend line projection
https://wn.com/Forecasting_Trend_Projection_Part_1
Forecast Function in MS Excel

Forecast Function in MS Excel

  • Order:
  • Duration: 4:39
  • Updated: 14 Feb 2013
  • views: 342409
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 Get the book Excel 2016 Power Programming with VBA: http://amzn.to/2kDP35V If you are from India you can get this book here: http://amzn.to/2jzJGqU
https://wn.com/Forecast_Function_In_Ms_Excel
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: 37427
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
Forecasting - Linear regression - Example 1 - Part 1

Forecasting - Linear regression - Example 1 - Part 1

  • Order:
  • Duration: 24:05
  • Updated: 24 Feb 2014
  • views: 30560
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
Forecasting - Simple moving average - Example 1

Forecasting - Simple moving average - Example 1

  • Order:
  • Duration: 10:30
  • Updated: 21 Feb 2014
  • views: 105266
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 Methods Overview

Forecasting Methods Overview

  • Order:
  • Duration: 4:44
  • Updated: 08 Dec 2015
  • views: 32930
videos
This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories of approaches: quantitative and Qualitative. Quantitative forecasting approaches use historical data and correlative association to make forecasts. Qualitative forecasting approaches look at the opinions of experts, consumers, decision makers and other stakeholders. This video is about basic forecasting methods and covers 9 of the most common approaches. Avercast forecasting software makes good use of these approaches, and is powered by over 200 algorithms. Visit http://www.avercast.com/ for more information on our leading forecasting software.
https://wn.com/Forecasting_Methods_Overview
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: 13462
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
Dark tranquillity - The fatalist (video projection)

Dark tranquillity - The fatalist (video projection)

  • Order:
  • Duration: 4:29
  • Updated: 03 Dec 2010
  • views: 121255
videos
By popular demand, here is the animation for the "The fatalist", used as a video backdrop on Dark tranquillity's 2010 shows. Painted by Niklas Sundin using Alchemy 0.0.8, screen grabbed and then time stretched to 10-20 times the original painting speed. To see the projection in live action, look to the right.
https://wn.com/Dark_Tranquillity_The_Fatalist_(Video_Projection)
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: 531028
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
How to Build a Forecasting Model in Excel - Tutorial

How to Build a Forecasting Model in Excel - Tutorial

  • Order:
  • Duration: 19:24
  • Updated: 03 Aug 2016
  • views: 40891
videos
Full course: http://courses.corporatefinanceinstitute.com/courses/fpa-rolling-12-month-cash-flow-forecast-course Master the art of building a rolling 12-month cash flow forecast model in our Financial Planning & Analysis (FP&A) course. In this course you will learn to build a cash flow model from scratch complete with assumptions, financials, supporting schedules and charts.
https://wn.com/How_To_Build_A_Forecasting_Model_In_Excel_Tutorial
Using Excel for Basic Forecast Smoothing

Using Excel for Basic Forecast Smoothing

  • Order:
  • Duration: 7:27
  • Updated: 28 Feb 2010
  • views: 238278
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
How To... Forecast Using Exponential Smoothing in Excel 2013

How To... Forecast Using Exponential Smoothing in Excel 2013

  • Order:
  • Duration: 6:22
  • Updated: 05 Dec 2014
  • views: 34376
videos
Learn how to use exponential smoothing to forecast future needs in Excel 2013 for Time Series Analysis. Exponential Smoothing forecasts demand in the next time period by taking into account the actual demand in the current period and the forecasted demand for the current time period. Please visit (and subscribe to) my YouTube Channel to view methods of forecasting such as the Simple Moving Average and Weighted Moving Average methods.
https://wn.com/How_To..._Forecast_Using_Exponential_Smoothing_In_Excel_2013
Forecasting - Trend Projection PART 2

Forecasting - Trend Projection PART 2

  • Order:
  • Duration: 13:22
  • Updated: 01 Feb 2013
  • views: 14556
videos
Video tutorial of forecasting using linear trend line projection
https://wn.com/Forecasting_Trend_Projection_Part_2
Small Business Sales Forecasting

Small Business Sales Forecasting

  • Order:
  • Duration: 6:07
  • Updated: 11 Apr 2012
  • views: 10435
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
Forecasting time series using R by Prof Rob J Hyndman at Melbourne R Users

Forecasting time series using R by Prof Rob J Hyndman at Melbourne R Users

  • Order:
  • Duration: 59:11
  • Updated: 15 Dec 2011
  • views: 62249
videos
Presenter: Prof Rob J Hyndman Slides available: http://robjhyndman.com/talks/melbournerug/ Melbourne R Users: http://www.meetup.com/MelbURN-Melbourne-Users-of-R-Network/ Other R User Group Videos: http://www.vcasmo.com/user/drewconway Info on upcoming book: http://robjhyndman.com/researchtips/fpp/ I will look at the various facilities for time series forecasting available in R, concentrating on the forecast package. This package implements several automatic methods for forecasting time series including foreasts from ARIMA models, ARFIMA models and exponential smoothing models. I will also look more generally at how to go about forecasting non-seasonal data, seasonal data, seasonal data with high frequency, and seasonal data with multiple frequencies. Examples will be taken from my own consulting experience. I will give an overview of what's possible and available and where it is useful, rather than give the mathematical details of any specific time series methods. Rob J Hyndman is Professor of Statistics at Monash University and Director of the Monash University Business and Economic Forecasting Unit. He completed a science degree at the University of Melbourne in 1988 and a PhD on nonlinear time series modelling at the same university in 1992. He has worked at the University of Melbourne, Colorado State University, the Australian National University and Monash University. Rob is Editor-in-Chief of the "International Journal of Forecasting" and a Director of the International Institute of Forecasters. He has written over 100 research papers in statistical science. In 2007, he received the Moran medal from the Australian Academy of Science for his contributions to statistical research. Rob is co-author of the well-known textbook "Forecasting: methods and applications" (Wiley, 3rd ed., 1998) and of the book "Forecasting with exponential smoothing: the state space approach" (Springer, 2008). He is also the author of the widely-used "forecast" package for R. For over 25 years, Rob has maintained an active consulting practice, assisting hundreds of companies and organizations on forecasting problems. His recent consulting work has involved forecasting electricity demand, tourism demand and the Australian government health budget. More information is available on his website at robjhyndman.com. Thank you to Pedro Olaya for filming the talk and Deloitte for providing the venue.
https://wn.com/Forecasting_Time_Series_Using_R_By_Prof_Rob_J_Hyndman_At_Melbourne_R_Users
Accuracy in Sales Forecasting

Accuracy in Sales Forecasting

  • Order:
  • Duration: 7:30
  • Updated: 06 Sep 2011
  • views: 29208
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
Forecasting with Seasonality

Forecasting with Seasonality

  • Order:
  • Duration: 16:37
  • Updated: 08 Feb 2013
  • views: 103854
videos
A brief Excel demonstration of solving a forecasting problem with seasonality.
https://wn.com/Forecasting_With_Seasonality
Forecasting in Excel Using Simple Linear Regression

Forecasting in Excel Using Simple Linear Regression

  • Order:
  • Duration: 8:00
  • Updated: 14 Feb 2012
  • views: 134453
videos
Get you Master of Science in Supply Chain Management online in as little as one year. Please visit: business.rutgers.edu/scmonline.
https://wn.com/Forecasting_In_Excel_Using_Simple_Linear_Regression
Moving Average Forecast in Excel

Moving Average Forecast in Excel

  • Order:
  • Duration: 3:47
  • Updated: 08 Oct 2011
  • views: 70125
videos
How to do a moving average forecast in Excel.
https://wn.com/Moving_Average_Forecast_In_Excel
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
Forecast Accuracy: MAD, MSE, TS Formulas

Forecast Accuracy: MAD, MSE, TS Formulas

  • Order:
  • Duration: 3:59
  • Updated: 12 Sep 2009
  • views: 140614
videos
We enter the formulas that measure the accuracy of the forecast. Based in Excel 2003/2000.
https://wn.com/Forecast_Accuracy_Mad,_Mse,_Ts_Formulas
Random Projection Estimation of Discrete-Choice Models with Large Choice Sets

Random Projection Estimation of Discrete-Choice Models with Large Choice Sets

  • Order:
  • Duration: 36:38
  • Updated: 30 Oct 2016
  • views: 605
videos
Matthew Shum of Cal Tech discusses the use of machine learning ideas in the estimation of discrete choice models, the workhorse model of demand in economics and marketing. He demonstrated the use with large, high-dimensional data sets now available from online markets and large retailers.
https://wn.com/Random_Projection_Estimation_Of_Discrete_Choice_Models_With_Large_Choice_Sets
The Biggest Projection

The Biggest Projection

  • Order:
  • Duration: 19:39
  • Updated: 27 Jul 2017
  • views: 98845
videos
Stop it. Get Some Help. ♥♥♥ SUPPORT ME! ♥♥♥ ▼ Muh Patreon https://www.patreon.com/appabend ▼ Muh PayPal! https://www.paypal.me/appabend ▼ Follow Muh Twitter! https://twitter.com/appabend ▼ Ask ANYTHING https://ask.fm/appabend ==★★== ♫ OUTRO ♫ Vena Cava - TOHKA (feat. Raya) [NCS Release] http://y2u.be/uPjgyzWVblA ★ CREDITS ★ AVATARS: ChrisDarkerArt https://www.fiverr.com/chrisdarkerart SUIT: Shiromaki http://shiromaki.deviantart.com/ CLIP: Michael Jordan's McDonalds PSA CLIP: Rap Battle Parody CLIP: Persona 4 The Animation CLIP: Ghost Stories ► SOURCES -- MUH VIDEOS -- VIDEO: Celebrating Identity http://youtu.be/JhGSHALnsz8 VIDEO: Persona Underdogs http://youtu.be/9D-V_W4mUDs VIDEO: Dream Daddy Topping Top 10 on Steam http://youtu.be/6p77hlXC29s VIDEO: The Mary Sue Calling itself Out http://youtu.be/cY8oYnGjkxA VIDEO: Diversity is PLEASE SENPAI NOTICE ME! http://youtu.be/6Rlq8wQhvxw VIDEO: Tokyo Ghoul Fans MAD Their OTP isn't Canon http://youtu.be/TgzX9X-wdT8 VIDEO: Someone Blackmailed Voltron Creators to Make Their OTP Canon http://youtu.be/Q9L4YJPRl9o VIDEO: Ko Takeuchi Drawing Vivian James http://youtu.be/ysK2_vKfKA0 -- OTHERS -- ARTICLE: The Doctor Who Backlashes Are LIES https://www.brandwatch.com/blog/react-doctor-who-13/ ARTICLE: Steven Universe Non-Canon Shipping? NAH! http://heatst.com/entertainment/stephen-universe-artist-hounded-off-twitter-over-accusations-of-queer-baiting/?mod=sm_tw_post ARTICLE: Steven Universe Fan-Artist Almost Killed Herself for being bullied https://archive.is/YsOQm TWITTER: Rebecca Sugar From Steven Universe Apologized for Racism in Art Book https://archive.is/emQiK ARTICLE: Steven Universe Artist Quits Over Twitter Harassment https://archive.is/xREOX ARTICLE: Sherlock Fans are PISSED That Sherlock and Watson Aren't Gay http://heatst.com/entertainment/tumblr-in-meltdown-after-sherlock-season-ended-with-no-gay-kiss/ ARTICLE: Korean Sombra Cosplay Got Flack for Brown-Face https://heatst.com/gaming/witch-hunt-korean-cosplayer-brownface-costume/ ARTICLE: Tokyo Ghoul Fans PISSED http://goboiano.com/tokyo-ghoul-fans-demand-ishida-commit-suicide-after-new-chapter/ ARTICLE: Tumblr Attacks Japanese Artist for Re-creating Black Character with White Skin http://nichegamer.com/2015/04/07/tumblr-attacks-japanese-artist-for-re-creating-black-character-with-white-skin/ ARTICLE: Steven Universe Non-Canon Shipping? NAH! http://heatst.com/entertainment/stephen-universe-artist-hounded-off-twitter-over-accusations-of-queer-baiting/?mod=sm_tw_post ==★★== Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. All rights reserved.
https://wn.com/The_Biggest_Projection
Demand project

Demand project

  • Order:
  • Duration: 0:25
  • Updated: 12 May 2017
  • views: 4
videos
https://wn.com/Demand_Project
Demand project

Demand project

  • Order:
  • Duration: 0:24
  • Updated: 15 Dec 2016
  • views: 7
videos
https://wn.com/Demand_Project
The Demand Project

The Demand Project

  • Order:
  • Duration: 1:06
  • Updated: 23 Jun 2016
  • views: 16
videos
https://wn.com/The_Demand_Project
The Demand Project

The Demand Project

  • Order:
  • Duration: 4:16
  • Updated: 21 Sep 2015
  • views: 222
videos
https://wn.com/The_Demand_Project
Supply and Demand Project

Supply and Demand Project

  • Order:
  • Duration: 8:45
  • Updated: 19 Jan 2017
  • views: 335
videos
https://wn.com/Supply_And_Demand_Project
×