Oversimplifies trends and ignores real-world disruptions. Can’t predict economic downturns, competitor actions and shifts in customer behavior on its own. Ignores randomness; every forecast will have ...
FORECAST.ETS applies an exponential triple smoothing (ETS) algorithm to create forecasts that can include trend and seasonal ...
Reverse Logistics, Artificial Intelligence, Circular Economy, Supply Chain Management, Sustainability, Machine Learning Share and Cite: Waditwar, P. (2026) De-Risking Returns: How AI Can Reinvent Big ...
Abstract: Robust and reliable forecasting of renewable energy generation is essential for managing grid stability, optimising energy resources, and meeting global climate targets, such as the European ...
Storm Agnes is seen over the Bay of Biscay offshore western Europe on 27 September 2023 in this image captured by the Flexible Combined Imager on the Meteosat Third Generation satellite. Credit: ...
In forecasting economic time series, statistical models often need to be complemented with a process to impose various constraints in a smooth manner. Systematically imposing constraints and retaining ...
At first glance, forecasting behavior might seem far-fetched—can we really predict how people will act? It's a fair question. But just as we once questioned whether we could reliably predict the ...
Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...
In today’s rapidly evolving business landscape, the ability to accurately forecast sales is more critical than ever. Yet, traditional sales forecasting methods are increasingly proving inadequate, as ...