Predictive Analytics : Simple and Intermittent data models
4.1 (4 ratings)
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Predictive Analytics : Simple and Intermittent data models

When the normal forecasting models don't work
4.1 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
526 students enrolled
Last updated 7/2017
English
Price: $20
30-Day Money-Back Guarantee
Includes:
  • 35 mins on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I 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
View Curriculum
Requirements
  • Should have a basic business knowledge
Description

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 is for business professionals only and does not get into mathematical derivations of statistical models.

Who is the target audience?
  • Demand Planners
  • Supply Chain Professionals
  • Merchandise Planners
  • Logistics Professionals
  • Management Students
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Curriculum For This Course
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Simple Forecasting Models
3 Lectures 11:29
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Simple Moving Average
03:13

Same As Last Year
05:05
About the Instructor
Anamind Business Consulting
4.0 Average rating
31 Reviews
1,560 Students
6 Courses
Powerful Planning. Simplified

Anamind helps organizations build business planning and forecasting capability. With simplicity at the core of our approach we offer a world class planning system - PLANAMIND, process consulting services, and training for business planning.

This course has been specifically designed by us to help planning professionals as well as aspirants of this function worldwide, to understand and build their skills in business planning. The course contains both quantitative and qualitative aspects of planning. 

This course is business oriented and not purely academic in nature. We have incorporated our years of learning from global work experience. We have ensured that you are equipped to apply the learnings in real business situations and contribute to your career and as well as your organisation.

Course Design Leads

Dr. Steve Miller, Vice President, has over 40 years of vast expertise in business planning and supply chain function working in Fortune 500 companies like Goodyear as well as the teaching experience in Akron University and Herzing University. 

He holds Bachelors & Masters Degree in Mathematics from Akron University, USA and Doctorate in Theology from Andersonville Theological Seminary, USA

Rishi Trivedi, CEO, is a Business Planning professional with over 15years of work experience in Fortune 500 companies like Apple, Hewlett Packard and Intel. His teaching experience includes assignments with University of Pune and Symbiosis International University.

He is a Chartered Accountant (India) as well as the Certified Professional Forecaster (IBF, USA). He also holds a Masters Degree in Economics from Pune University and Management Certification from IIM Calcutta.