Profit From Your Forecasting Software
Profit From Your Forecasting Software

Author: Paul Goodwin

Publisher: John Wiley & Sons

Published: 2018-03-13

Total Pages: 244

ISBN-13: 1119415985

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Go beyond technique to master the difficult judgement calls of forecasting A variety of software can be used effectively to achieve accurate forecasting, but no software can replace the essential human component. You may be new to forecasting, or you may have mastered the statistical theory behind the software’s predictions, and even more advanced “power user” techniques for the software itself—but your forecasts will never reach peak accuracy unless you master the complex judgement calls that the software cannot make. Profit From Your Forecasting Software addresses the issues that arise regularly, and shows you how to make the correct decisions to get the most out of your software. Taking a non-mathematical approach to the various forecasting models, the discussion covers common everyday decisions such as model choice, forecast adjustment, product hierarchies, safety stock levels, model fit, testing, and much more. Clear explanations help you better understand seasonal indices, smoothing coefficients, mean absolute percentage error, and r-squared, and an exploration of psychological biases provides insight into the decision to override the software’s forecast. With a focus on choice, interpretation, and judgement, this book goes beyond the technical manuals to help you truly grasp the more intangible skills that lead to better accuracy. Explore the advantages and disadvantages of alternative forecasting methods in different situations Master the interpretation and evaluation of your software’s output Learn the subconscious biases that could affect your judgement toward intervention Find expert guidance on testing, planning, and configuration to help you get the most out of your software Relevant to sales forecasters, demand planners, and analysts across industries, Profit From Your Forecasting Software is the much sought-after “missing piece” in forecasting reference.

Excel Sales Forecasting For Dummies
Excel Sales Forecasting For Dummies

Author: Conrad Carlberg

Publisher: John Wiley & Sons

Published: 2016-06-23

Total Pages: 408

ISBN-13: 1119291437

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Excel at predicting sales and forecasting trends using Microsoft Excel! If you're a sales or marketing professional, you know that forecasting sales is one of the biggest challenges you face on the job. Unlike other books on the subject, Excel Sales Forecasting For Dummies, 2nd Edition leaves arcane business school terms and complex algebraic equations at the door, focusing instead on what you can do right now to utilize the world's most popular spreadsheet program to produce forecasts you can rely on. Loaded with confidence boosters for anyone who succumbs to sweaty palms when sales predictions are mentioned, this trusted guide show you how to use the many tools Excel provides to arrange your past data, set up lists and pivot tables, use moving averages, and so much more. Before you know it, you'll become a forecaster par excellence—even if numbers aren't your jam. Choose the right forecasting method Find relationships in your data Predict seasonal sales Filter lists or turn them into charts Consider this guide your crystal ball—and start predicting the future with confidence and ease!

The Authority Guide to Financial Forecasting
The Authority Guide to Financial Forecasting

Author: Simon Thompson

Publisher: SRA Books

Published: 2016-05-09

Total Pages: 68

ISBN-13: 1909116645

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In this Authority Guide, forecasting guru Simon Thompson shows you how to build financial forecasts quickly, effectively and cheaply through his unique, proven and easy-to-follow 10-step process. By learning how to create effective forecasts you will master the ability to understand the potential financial outcomes for your business and be able to communicate financial information in order to successfully raise investment or loans.

Business Forecasting
Business Forecasting

Author: Michael Gilliland

Publisher: John Wiley & Sons

Published: 2021-05-11

Total Pages: 435

ISBN-13: 1119782473

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Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.

Forecasting Profit
Forecasting Profit

Author: Mike Metcalfe

Publisher: Springer

Published: 1995-01-31

Total Pages: 390

ISBN-13:

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This book is about managing the task of forecasting profit. It builds a case for using multiple methods, providing examples of each method, and suggesting practical techniques to use in dealing with the issues and problems of accuracy in profit forecasts. All the elements that infringe on profits (costs, sales, budgeting, investment, and loan default) are examined within this framework. In addition to synthesizing the research, Professor Metcalfe has applied his own research work on forecast modeling and judgmental methods. The final result is a practical reference book for making more accurate profit forecasts.

Price-Forecasting Models for Unity Software Inc U Stock
Price-Forecasting Models for Unity Software Inc U Stock

Author: Ton Viet Ta

Publisher:

Published: 2021-03-25

Total Pages: 86

ISBN-13:

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https: //www.dinhxa.com One-Week Free Trial (subject to change) Do you want to earn up to a 710846% annual return on your money by two trades per day on Unity Software Inc U Stock? Reading this book is the only way to have a specific strategy. This book offers you a chance to trade U Stock at predicted prices. Eight methods for buying and selling U Stock at predicted low/high prices are introduced. These prices are very close to the lowest and highest prices of the stock in a day. All methods are explained in a very easy-to-understand way by using many examples, formulas, figures, and tables. The BIG DATA of the 129 consecutive trading days (from September 18, 2020 to March 24, 2021) are utilized. The methods do not require any background on mathematics from readers. Furthermore, they are easy to use. Each takes you no more than 30 seconds for calculation to obtain a specific predicted price. The methods are not transient. They cannot be beaten by Mr. Market in several years, even until the stock doubles its current age. They are traits of Mr. Market. The reason is that the author uses the law of large numbers in the probability theory to construct them. In other words, you can use the methods in a long time without worrying about their change. The efficiency of the methods can be checked easily. Just compare the predicted prices with the actual price of the stock while referring to the probabilities of success which are shown clearly in the book (click the LOOK INSIDE button to read more information before buying this book). The book is very useful for Investors who have decided to buy the stock and keep it for a long time (as the strategy of Warren Buffett), or to sell the stock and pay attention to other stocks. The methods will help them to maximize profits for their decision. Day traders who buy and sell the stock many times in a day. Although each method is valid one time per day, the information from the methods will help the traders buy/sell the stock in the second time, third time or more in a day. Beginners to U Stock. The book gives an insight about the behavior of the stock. They will surely gain their knowledge of U Stock after reading the book. Everyone who wants to know about the U.S. stock market. https: //www.dinhxa.com includes a software (app) for stock price forecasting using the methods in this book. The software gives 114 predictions while this book gives 16. One-Week Free Trial (subject to change)

Forecasting and Simulating Software Development Projects
Forecasting and Simulating Software Development Projects

Author: Troy Magennis

Publisher:

Published: 2011-10-25

Total Pages: 166

ISBN-13: 9781466454835

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Forecasting and Simulating Software Development Projects explains how to effectively model Kanban and Scrum projects to get accurate forecasts of cost, delivery dates and staff requirements. Modeling using Monte-carlo simulation allows rapid what-if analysis to find options that minimize cost and delivery time, whilst maximizing revenue. Simulation lets you hit target delivery dates, and shows the impact of hiring (or losing) staff with certain skillsets, taking software project leadership to a new level of maturity. Target audience and key takeaways - Project Managers: Understand modeling and forecast projects, and how to simulate those models to answer questions regarding delivery dates, cost, and staffing needs. Development Managers and Team Leads: Understand how to reduce the amount of estimation required for cost and date forecasts, and determining what development events cause the most impact. Executive Leadership: Understand how multiple teams can co-ordinate their forecasts in a methodical way, and provide a consistent approach to risk management and decision making. Venture Capital Investors: Understand how to obtain reliable cost and date forecasts for potential investments and how to compare different software project investment portfolios. Topics include - Simulating Scrum and Kanban project methodologies Forecasting the probability of hitting delivery date & costs Hiring the right team size and skill mix Creating visual animations and videos to sell solutions to others Finding what model inputs are critical to delivery date Effective (and minimal) story estimation and grouping strategies Capturing the project deliverables and story backlog Modeling development events: defects, added scope and blocking events Reverse engineering real-world data to improve model accuracy

Strategic Business Forecasting
Strategic Business Forecasting

Author: Jae K. Shim

Publisher: CRC Press

Published: 2000-01-28

Total Pages: 312

ISBN-13: 9781574442519

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A book on practical business forecasting belongs in the library of everyone interested in business. Forecasting is extremely important to finance and accounting executives, business economists and managers at all levels. Strategic Business Forecasting: The Complete Guide to Forecasting Real World Company Performance provides you with a working knowledge of the fundamentals of business forecasting that can be applied in the real world regardless of the size of the firm. The author explains the basic forecasting methodology and the practical applications. All aspects of business are discussed, making this a comprehensive and valuable reference. The author avoids theoretical and mathematical discussions to gets right into how, when , and why to use this book. Many practical examples, applications, illustrations, guidelines, measures, checklists, rules of thumb, tips, graphs, diagrams and tables aid your comprehension of the subject. The author displays and explains printouts obtained using many popular spreadsheet programs and software packages. The book goes far beyond just sales forecasting, encompassing a wide range of topics of major importance to practical business managers and finance professionals, including cash flow forecasting, cost prediction, earnings forecasts, bankruptcy prediction, foreign exchange forecasting, and interest rate forecasting. Written in an easy-to-read style, it is practical, current, and intriguing - a reference book to use throughout your business career.