Blogs tagged statistical forecasting

When creating a forecast, one question always comes up: how can I achieve optimal forecast accuracy? Several factors go into creating an accurate forecast, including the appropriate algorithm selection, parameter choices, data selection, error... Read More »

I am removing this blog permanently. Will be re-return later on.

This document reviews the impact of the parameter Gamma (seasonality) of the Second-Order Exponential Smoothing. The explanation follows a graphical approach without going into the heavy mathematics behind them. The Second-Order Exponential... Read More »

Problem Statement: An online retailer wants to improve it’s shipping/delivery process. Currently, there are deviations noticed between the planned and the actual date of delivery. Causing customer dis-satisfaction. Currently the order book... Read More »

Composite forecastingin SAP APO:  A roadmap approach to demandplan accuracy Alan Hendry,Principal, SCMO2 Inc. Achieving accurate demand plans and forecasts may often seemlike an unattainable “holy grail.”  Oneway to generate... Read More »