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Forecasting Product Demand in R

中级4 小时

Learn how to identify important drivers of demand, look at seasonal effects, and predict demand for a hierarchy of products from a real world example.

R4 小时13 个视频50 个练习4,200 经验值9,461结业证明

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课程介绍

Accurately predicting demand for products allows a company to stay ahead of the market. By knowing what things shape demand, you can drive behaviors around your products better. This course unlocks the process of predicting product demand through the use of R. You will learn how to identify important drivers of demand, look at seasonal effects, and predict demand for a hierarchy of products from a real world example. By the end of the course you will be able to predict demand for multiple products across a region of a state in the US. Then you will roll up these predictions across many different regions of the same state to form a complete hierarchical forecasting system.

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课程大纲

课程大纲

1

Forecasting Demand With Time Series

When it comes to forecasting, time series modeling is a great place to start! You need to forecast out the future values of sales demand and a good baseline approach would be ARIMA models. In this chapter you'll learn how to quickly implement ARIMA models and get good initial forecasts for future product demand.
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2

Components of Demand

4

Hierarchical Forecasting

Everything up until this point deals with making individual models for forecasting product demand. However, we haven't taken advantage of the fact that all of these products form a product hierarchy of sales. Products make up regions and regions make up states. How can we ensure that our forecasts reconcile correctly up and down the hierarchy? In this chapter you'll learn about hierarchical forecasting and how to use it to your advantage in forecasting product demand.
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Forecasting Product Demand in R

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