Demand Forecasting
Introduction Demand forecasting is the process of predicting future customer demand for a product or service over a specific period. Accurate demand forecasts are essential for businesses to optimize their….
Tag: Moving Average
Exponential Smoothing Methods
Exponential Smoothing Methods for Time Series Forecasting 1. Introduction to Exponential Smoothing Exponential Smoothing is a time series forecasting technique that applies exponentially decreasing weights to past observations. It is….
Identifying Data Trends and Patterns
Identifying Data Trends and Patterns: A Comprehensive Guide Introduction Identifying data trends and patterns is a crucial part of Exploratory Data Analysis (EDA) and plays a vital role in data….