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Forecasting Techniques for Slow and Rapidly Changing Demand
edX Certificate 0

Forecasting Techniques for Slow and Rapidly Changing Demand

About this course

Master quantitative, judgmental and causal models used to forecast seasonal, intermittent, and new product future demand. Choose the right forecasting method for all kinds of demand patterns and sales data. Learn how to deal with randomness and low forecastability; missing data, outliers, and overfitting. Separate forecasting myths from reality and mitigate the risk of inaccurate forecasts. Part of the ISCEA CFDP - Certified Forecaster and Demand Planner - Internationally Recognized Certificate.

C

67/100

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31/45
Who stands behind it
20/35
How complete the listing is
16/20

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What you'll learn

  • Understand quantitative and judgmental forecasting methods
  • Identify the appropriate forecasting techniques for different demand patterns
  • Manage randomness and forecast errors
  • Deal with issues like missing data and outliers in forecasts

Course objectives

  • Equip students with practical skills in demand forecasting
  • Help students differentiate between common forecasting myths and factual practices
  • Prepare students to mitigate risks associated with inaccurate forecasts
Data Analysis #demand forecasting #data analysis #quantitative methods #judgmental forecasting #causal models #seasonal demand #intermittent demand #new product forecasting #forecasting errors #statistical forecasting
$499.00

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