Forecasting: Principles and Practice

Forecasting: Principles and Practice

PAPERBACK

31 May, 2021

By Rob J Hyndman (author), George Athanasopoulos (author)

Forecasting is required in many situations. Deciding whether to build another power generation plant in the next five years requires forecasts of future de...

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Last updated on 12 Jan, 2026

ISBN-10:

0987507133

ISBN-13:

9780987507136

Publisher

Otexts

Dimensions

9.61 X 6.69 X 0.90 inches

Language

English

Description

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 third edition, all chapters have been updated to cover the latest research and forecasting methods. One new chapter has been added on time series features. The latest version of the book is freely available online at http: //OTexts.com/fpp3.

Product Details

ISBN-10

:0987507133

ISBN-13

:9780987507136

Publisher

:Otexts

Publication date

: 31 May, 2021

Edition

:0003rd Edition

Sub-Category

: Forecasting

Format

:PAPERBACK

Language

:English

Reading Level

: All

No. of Units

:1

Dimension

: 9.61 X 6.69 X 0.90 inches

Weight

:700 g

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