- published: 25 Feb 2015
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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...
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
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.
Video tutorial of forecasting using linear trend line projection
In this video, you will learn how to find out the 3 month and 4 monthly moving average for demand forecasting.
In this video, you will learn how to find the demand forecast using linear regression.
What is PROJECTION PURSUIT? What does PROJECTION PURSUIT mean? PROJECTION PURSUIT meaning - PROJECTION PURSUIT definition - PROJECTION PURSUIT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Projection pursuit (PP) is a type of statistical technique which involves finding the most "interesting" possible projections in multidimensional data. Often, projections which deviate more from a normal distribution are considered to be more interesting. As each projection is found, the data are reduced by removing the component along that projection, and the process is repeated to find new projections; this is the "pursuit" aspe...
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.
Using dummy variables and multiple linear regression to forecast trend and seasonality
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...
The BP Energy Outlook 2030 shares our 2013 projections for the world's energy future. By 2030, the world economy will nearly double, but can this growth be sustained? We believe the answer is yes. Over the next 20 years, unconventional oil and gas will have an increasing impact on global energy markets. Emerging economies, including China, India, Brazil and Russia, will continue to drive energy demand. Shale gas and tight oil, together with heavy oil and biofuels, will play an increasingly important role and will transform the energy balance of the U.S. Watch the video to see what else 2030 will bring for the energy industry. To find out more about the BP Energy Outlook 2030, visit http://www.bp.com/energyoutlook.
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.
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...
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...
The concept and basic structure of a cash flow forecast is explained in this short revision video.
Prepared for 7701AFE Economics at the Griffith Business School
Video tutorial of forecasting using linear trend line projection
This video demonstrates how a trendline could be added to a chart in Excel, to help create a revenue forecast. Want to take your basic Excel skills to the next level? Take our online course and start impressing others: http://www.spreadsheetclinic.com/#!online-training/ce09
Due to high demand Phoenix LiDAR Systems put together a longer video version of our RGB & LiDAR fused industrial point cloud example, which highlights some of our existing and newest software functionalities in Spatial Explorer. For more information on our LiDAR solutions contact us at firstname.lastname@example.org