Various statistical forecasting methods exist designed for use with slow-moving products, new product introductions, stable mature products and products with erratic demand. Determining which ...

A monthly overview of things you need to know as an architect or aspiring architect. Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with ...

Forecasting is the heart of business planning, and human resources planning is no different. Knowing the staffing needs of your small business defines your HR efforts, defining hiring goals for both ...

Budget process evolution and maturity in healthcare organizations traditionally has lagged other industries, where leading-edge and data-driven forecasting approaches are currently evolving. Most ...

If you really what to know what’s going on in any even-remotely quantifiable discipline, nothing paints a clearer picture than the numbers, right? They end arguments. They can help forecast what’s ...

Forecasting demand is a serious challenge to most organizations. As Mark Twain famously said, "the art of prophecy is very difficult, especially with respect to the future." Difficult, yes, but ...

Business forecasting is hard. As Mark Twain once said, "the art of prophecy is very difficult, especially with respect to the future." The key to developing an accurate forecasting system, as ...

Ronald L. Iman, Mark E. Johnson and Charles C. Watson,. Jr. Virtually every aspect of hurricane planning and forecasting involves (or should involve!) the science of statistics. The very active 2004 ...

The rising anthropogenic demand for water and increased variability of water levels is a challenge for lakes across North America. Many terminal lakes in the Great Basin struggle in the face of ...

ABSTRACT A simple guide to the new technique of empirical mode decomposition (EMD) in a meteorological–climate forecasting context is presented. A single application of EMD to a time series ...