Forecasting: Methods and Applications

Forecasting: Methods and Applications

Hardback

By (author) Spyros G. Makridakis, By (author) Steven C. Wheelwright, By (author) Rob Hyndman

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  • Publisher: John Wiley & Sons Inc
  • Format: Hardback | 656 pages
  • Dimensions: 196mm x 239mm x 30mm | 1,202g
  • Publication date: 16 January 1998
  • Publication City/Country: New York
  • ISBN 10: 0471532339
  • ISBN 13: 9780471532330
  • Edition: 3, Revised
  • Edition statement: 3rd Revised edition
  • Illustrations note: tables, glossary
  • Sales rank: 215,525

Product description

Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it's accomplished. And you'll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include: An emphasis placed on the practical uses of forecasting. All data sets used in this book are available on the Internet, together with supplementary material. This can be found at http://robjhyndman.com/forecasting/ Comprehensive coverage provided on both quantitative and qualitative forecasting techniques. Includes many new developments in forecasting methodology and practice.

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Can You Predict the Future by Looking at the Past? Since accurate forecasting requires more than just inserting historical data into a model, Forecasting: Methods and Applications, 3/e, adopts a managerial, business orientation. Integrated throughout this text is the innovative idea that explaining the past is not adequate for predicting the future. Inside, you will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how it's accomplished. And you'll develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts. New features in the third edition include: * An emphasis placed on the practical uses of forecasting. * All data sets used in this book are available on the Internet. * Comprehensive coverage provided on both quantitative and qualitative forecasting techniques. * Includes many new developments in forecasting methodology and practice.

Table of contents

The Forecasting Perspective. Basic Forecasting Tools. Time Series Decomposition. Exponential Smoothing Methods. Simple Regression. Multiple Regression. The Box-Jenkins Methodology for Arima Models. Advanced Forecasting Models. Forecasting the Long-Term. Judgmental Forecasting and Adjustments. The Use of Forecasting Methods in Practice. Implementing Forecasting: Its Uses, Advantages, and Limitations. Appendices. Indexes.