Forecasting: principles and practice

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.
ASIN: 0987507117
VSKU: GBV.0987507117.G
Condition: Good
Author/Artist:Hyndman, Rob J|Athanasopoulos, George
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: Has a sturdy binding with some shelf wear. May have some markings or highlighting. Used copies may not include access codes or Cd's. Slight bending may be present.