Forecasting Principles and Practice 2nd Edition by Rob J Hyndman, George Athanasopoulos ISBN 9780987507112 0987507117

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Product details:

ISBN 10:  0987507117

ISBN 13: 9780987507112

Author:  Rob J Hyndman, George Athanasopoulos

 Forecasting is required in many situations. Deciding whether to build another power generation plant in the next five years requires forecasts of future demand. Scheduling staff in a call centre next week requires forecasts of call volumes. Stocking an inventory requires forecasts of stock requirements. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning.This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly. Examples use R with many data sets taken from the authors’ own consulting experience.In this second edition, all chapters have been updated to cover the latest research and forecasting methods. Three new chapters have been added on dynamic regression forecasting, hierarchical forecasting and practical forecasting issues. The latest version of the book is freely available online at http://OTexts.com/fpp2.

Table of contents: 

Preface

1 Getting started

2 Time series graphics

3 The forecaster’s toolbox

4 Judgmental forecasts

5 Time series regression models

6 Time series decomposition

7 Exponential smoothing

8 ARIMA models

9 Dynamic regression models

10 Forecasting hierarchical or grouped time series

11 Advanced forecasting methods

12 Some practical forecasting issues

Appendix: Using R

Appendix: For instructors

Appendix: Reviews

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Tags: Rob J Hyndman, George Athanasopoulos, Forecasting, Principles, Practice