📚 Save Big on Books! Enjoy 10% off when you spend £100 and 20% off when you spend £200 (or the equivalent in supported currencies)—discount automatically applied when you add books to your cart before checkout! 🛒

Copyright

Roberto Rossi

Published On

2021-05-24

Page Range

pp. 75-116

Print Length

41 pages

Demand Forecasting

Chapter of: Inventory Analytics(pp. 75–116)
In this chapter, we discuss predictive analytics techniques for demand forecasting in inventory control. The techniques surveyed in this chapter originate in the realm of time series analysis and forecasting. We first introduce the notion of time series, then we survey a portfolio of time series models. We show how to fit these models to data and how to generate forecasts, confidence and prediction bands.