• 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 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
  • Forecasting - Trend Projection PART 1

    Video tutorial of forecasting using linear trend line projection

    published: 01 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
  • 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 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
  • 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... 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
  • 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
  • ORGL 330: Forecasting Methods (Ch 14-15)

    published: 08 Apr 2013
  • 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
  • Forecasting Trend and Seasonality

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

    published: 30 Jul 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
  • My Screencast "Demand Projection"

    Graphics Description

    published: 26 Mar 2015
  • 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 method's numerical's || Simple and weighted moving average || vid2 (Hindi)

    This video explains simple moving and weighted moving average forecasting numerical's which comes in gate mechanical exams. Video recording (Moto g4 plus):- https://www.amazon.in/gp/product/B01DDP85BY/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B01DDP85BY&linkCode=as2&tag=r0247-21&linkId=edd085947063f5aa6cf2c9049aca78f1 List of GATE ME Books:- (1) Operations research (Chawla)- https://www.amazon.in/gp/product/B00YBU971I/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00YBU971I&linkCode=as2&tag=r0247-21&linkId=2ab178706a5b4f0215353aa44784d48a (2) Operations research (2nd choice- hira & gupta)- https://www.amazon.in/gp/product/8121902819/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8121902819&linkCode=as2&tag=r0247-21&linkId=abb62c0fce0bfe1ed116a...

    published: 14 Oct 2016
Demand Forecasting | Techniques of Demand Forecasting

Demand Forecasting | Techniques of Demand Forecasting

  • Order:
  • Duration: 23:28
  • Updated: 25 Feb 2015
  • views: 22712
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: 322349
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
Forecasting - Trend Projection PART 1

Forecasting - Trend Projection PART 1

  • Order:
  • Duration: 5:57
  • Updated: 01 Feb 2013
  • views: 24855
videos
Video tutorial of forecasting using linear trend line projection
https://wn.com/Forecasting_Trend_Projection_Part_1
Forecasting - Simple moving average - Example 1

Forecasting - Simple moving average - Example 1

  • Order:
  • Duration: 10:30
  • Updated: 21 Feb 2014
  • views: 96815
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
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: 33131
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 Methods Overview

Forecasting Methods Overview

  • Order:
  • Duration: 4:44
  • Updated: 08 Dec 2015
  • views: 26252
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
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: 497616
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... 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: 29524
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
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: 12734
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
ORGL 330: Forecasting Methods (Ch 14-15)

ORGL 330: Forecasting Methods (Ch 14-15)

  • Order:
  • Duration: 16:00
  • Updated: 08 Apr 2013
  • views: 14712
videos
https://wn.com/Orgl_330_Forecasting_Methods_(Ch_14_15)
Using Excel for Basic Forecast Smoothing

Using Excel for Basic Forecast Smoothing

  • Order:
  • Duration: 7:27
  • Updated: 28 Feb 2010
  • views: 232692
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
Forecasting Trend and Seasonality

Forecasting Trend and Seasonality

  • Order:
  • Duration: 9:07
  • Updated: 30 Jul 2013
  • views: 57481
videos
Using dummy variables and multiple linear regression to forecast trend and seasonality
https://wn.com/Forecasting_Trend_And_Seasonality
Forecasting in Excel Using Simple Linear Regression

Forecasting in Excel Using Simple Linear Regression

  • Order:
  • Duration: 8:00
  • Updated: 14 Feb 2012
  • views: 127883
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
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
Accuracy in Sales Forecasting

Accuracy in Sales Forecasting

  • Order:
  • Duration: 7:30
  • Updated: 06 Sep 2011
  • views: 28558
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 method's numerical's || Simple and weighted moving average || vid2 (Hindi)

Forecasting method's numerical's || Simple and weighted moving average || vid2 (Hindi)

  • Order:
  • Duration: 16:20
  • Updated: 14 Oct 2016
  • views: 7832
videos
This video explains simple moving and weighted moving average forecasting numerical's which comes in gate mechanical exams. Video recording (Moto g4 plus):- https://www.amazon.in/gp/product/B01DDP85BY/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B01DDP85BY&linkCode=as2&tag=r0247-21&linkId=edd085947063f5aa6cf2c9049aca78f1 List of GATE ME Books:- (1) Operations research (Chawla)- https://www.amazon.in/gp/product/B00YBU971I/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00YBU971I&linkCode=as2&tag=r0247-21&linkId=2ab178706a5b4f0215353aa44784d48a (2) Operations research (2nd choice- hira & gupta)- https://www.amazon.in/gp/product/8121902819/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8121902819&linkCode=as2&tag=r0247-21&linkId=abb62c0fce0bfe1ed116a9639cab1823 (3) Thermodynamics (cengel & Boles)- https://www.amazon.in/gp/product/9339221656/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=9339221656&linkCode=as2&tag=r0247-21&linkId=8c5ea999085426398643df0d3bd00466 (4) Thermodynamics (For Numericals- pk nag)- https://www.amazon.in/gp/product/1259062562/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=1259062562&linkCode=as2&tag=r0247-21&linkId=9f7e028c46fcefaad19a52a15a73a47e (5) Heat & Mass Transfer (Incropera)- https://www.amazon.in/gp/product/812654273X/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=812654273X&linkCode=as2&tag=r0247-21&linkId=d03c3ba46fc87bd7fc29bac0d03f2801 (6) Fluid Mechanics (Cengel & Cimbala)- https://www.amazon.in/gp/product/9339204654/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=9339204654&linkCode=as2&tag=r0247-21&linkId=4c5d162a798b34bf0e39c4211aaa80cf (7) Manufacturing (Kalpakjian)- https://www.amazon.in/gp/product/8177581708/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8177581708&linkCode=as2&tag=r0247-21&linkId=312d7ca94a6ec8f4c3cadcccdaa43d7d (8) Theory of machines (ss rattan)- https://www.amazon.in/gp/product/9351343472/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=9351343472&linkCode=as2&tag=r0247-21&linkId=200b743bd9efea19756ae3e7c9b9023c (9) Strength of materials (Timoshenko gere)- https://www.amazon.in/gp/product/8123908946/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8123908946&linkCode=as2&tag=r0247-21&linkId=1a630511692607ca73671fcf530d8f84 (10) Machine design (Bhandari)- https://www.amazon.in/gp/product/9339221125/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=9339221125&linkCode=as2&tag=r0247-21&linkId=cdac44e8cdbf6d0ec2b108b2e93565f3 (11) Engg. Mathematics (bs grewal)- https://www.amazon.in/gp/product/8174091955/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8174091955&linkCode=as2&tag=r0247-21&linkId=248d4d774ec13bbf96b63f1c41d74e08 Other GATE Books for previous years questions practice:- (1) Made easy (30 years question bank)- https://www.amazon.in/gp/product/9351471926/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=9351471926&linkCode=as2&tag=r0247-21&linkId=d0068436d527f2c63197c82e49b1a6c6 (2) Gate Tutor Arihant- https://www.amazon.in/gp/product/9350941848/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=9350941848&linkCode=as2&tag=r0247-21&linkId=5a6a04b570d1e9dfd3820c2da6ca0bcc
https://wn.com/Forecasting_Method's_Numerical's_||_Simple_And_Weighted_Moving_Average_||_Vid2_(Hindi)
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