Predictive Analytics : Simple and Intermittent data models

Predictive Analytics : Simple and Intermittent data models, available at $24.99, has an average rating of 3.4, with 7 lectures, based on 5 reviews, and has 538 subscribers.

You will learn about Students will learn about simple forecasting methods and whether they are useful in business context Students will learn about how to forecast when the product exhibits an intermittent or discrete demand trend, which is usually bit difficult to do They will NOT learn the statistical derivations of the models but only the application of them This course is ideal for individuals who are Demand Planners or Supply Chain Professionals or Merchandise Planners or Logistics Professionals or Management Students It is particularly useful for Demand Planners or Supply Chain Professionals or Merchandise Planners or Logistics Professionals or Management Students.

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Summary

Title: Predictive Analytics : Simple and Intermittent data models

Price: $24.99

Average Rating: 3.4

Number of Lectures: 7

Number of Published Lectures: 7

Number of Curriculum Items: 7

Number of Published Curriculum Objects: 7

Original Price: ₹1,199

Quality Status: approved

Status: Live

What You Will Learn

Students will learn about simple forecasting methods and whether they are useful in business context
Students will learn about how to forecast when the product exhibits an intermittent or discrete demand trend, which is usually bit difficult to do
They will NOT learn the statistical derivations of the models but only the application of them

Who Should Attend

Demand Planners
Supply Chain Professionals
Merchandise Planners
Logistics Professionals
Management Students

Target Audiences

Demand Planners
Supply Chain Professionals
Merchandise Planners
Logistics Professionals
Management Students

This course is suitable for planning professionals looking to sharpen their skills as well as students and others who aspire to become business planning professionals.

This course aims to help the aspiring business planner better understand the role’s functional requirements and the current demand planner better use advanced forecasting software.

In this course you will learn about the business applications of simple forecasting models and when are they useful to apply. You will also learn about the special cases of products where the demand is intermittent or discrete and how to forecast for such product.

This course has been designed for a planning professional working as a part of the business functions like supply chain, finance or sales & marketing. The purpose of the course is to equip the planner with the basic principles of planning and business understanding of the quantitative techniques and their use.

The course does not delve upon the mathematical derivations of the forecasting models or statistical computations of various coefficients and parameters. It is expected that the business planner would be using a planning software that assist in such derivations and computations.

If you are interested in deep dive forecasting statistics then this course may not be a best fit for you. However, if you are a business professional aiming to ace knowledge on application of techniques then this course is best for you.

Course Curriculum

Chapter 1: Intermittent & Discrete Data Forecasting

Lecture 1: Introduction to Intermittent Data series

Lecture 2: Reading Croston's Intermittent Demand Model

Lecture 3: Pros and Cons of Croston's Model

Lecture 4: Discrete Data Series

Chapter 2: Simple Forecasting Models

Lecture 1: Why are simple models useful

Lecture 2: Simple Moving Average

Lecture 3: Same As Last Year

Instructors

Anamind Business Consulting
Advanced Analytical Planning

Rating Distribution

1 stars: 1 votes
2 stars: 0 votes
3 stars: 1 votes
4 stars: 2 votes
5 stars: 1 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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