Profit From Your Forecasting Software

Profit From Your Forecasting Software
Title Profit From Your Forecasting Software PDF eBook
Author Paul Goodwin
Publisher John Wiley & Sons
Pages 244
Release 2018-03-13
Genre Computers
ISBN 1119415985

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Go beyond technique to master the difficult judgement calls of forecasting A variety of software can be used effectively to achieve accurate forecasting, but no software can replace the essential human component. You may be new to forecasting, or you may have mastered the statistical theory behind the software’s predictions, and even more advanced “power user” techniques for the software itself—but your forecasts will never reach peak accuracy unless you master the complex judgement calls that the software cannot make. Profit From Your Forecasting Software addresses the issues that arise regularly, and shows you how to make the correct decisions to get the most out of your software. Taking a non-mathematical approach to the various forecasting models, the discussion covers common everyday decisions such as model choice, forecast adjustment, product hierarchies, safety stock levels, model fit, testing, and much more. Clear explanations help you better understand seasonal indices, smoothing coefficients, mean absolute percentage error, and r-squared, and an exploration of psychological biases provides insight into the decision to override the software’s forecast. With a focus on choice, interpretation, and judgement, this book goes beyond the technical manuals to help you truly grasp the more intangible skills that lead to better accuracy. Explore the advantages and disadvantages of alternative forecasting methods in different situations Master the interpretation and evaluation of your software’s output Learn the subconscious biases that could affect your judgement toward intervention Find expert guidance on testing, planning, and configuration to help you get the most out of your software Relevant to sales forecasters, demand planners, and analysts across industries, Profit From Your Forecasting Software is the much sought-after “missing piece” in forecasting reference.

The Authority Guide to Financial Forecasting

The Authority Guide to Financial Forecasting
Title The Authority Guide to Financial Forecasting PDF eBook
Author Simon Thompson
Publisher SRA Books
Pages 68
Release 2016-05-09
Genre Business & Economics
ISBN 1909116645

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In this Authority Guide, forecasting guru Simon Thompson shows you how to build financial forecasts quickly, effectively and cheaply through his unique, proven and easy-to-follow 10-step process. By learning how to create effective forecasts you will master the ability to understand the potential financial outcomes for your business and be able to communicate financial information in order to successfully raise investment or loans.

Using Excel for Business Analysis

Using Excel for Business Analysis
Title Using Excel for Business Analysis PDF eBook
Author Danielle Stein Fairhurst
Publisher John Wiley & Sons
Pages 444
Release 2015-05-18
Genre Business & Economics
ISBN 1119062462

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This is a guide to building financial models for business proposals, to evaluate opportunities, or to craft financial reports. It covers the principles and best practices of financial modelling, including the Excel tools, formulas, and functions to master, and the techniques and strategies necessary to eliminate errors.

Business Forecasting

Business Forecasting
Title Business Forecasting PDF eBook
Author Michael Gilliland
Publisher John Wiley & Sons
Pages 435
Release 2021-05-11
Genre Business & Economics
ISBN 1119782473

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Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.

Forecasting and Simulating Software Development Projects

Forecasting and Simulating Software Development Projects
Title Forecasting and Simulating Software Development Projects PDF eBook
Author Troy Magennis
Publisher
Pages 166
Release 2011-10-25
Genre
ISBN 9781466454835

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Forecasting and Simulating Software Development Projects explains how to effectively model Kanban and Scrum projects to get accurate forecasts of cost, delivery dates and staff requirements. Modeling using Monte-carlo simulation allows rapid what-if analysis to find options that minimize cost and delivery time, whilst maximizing revenue. Simulation lets you hit target delivery dates, and shows the impact of hiring (or losing) staff with certain skillsets, taking software project leadership to a new level of maturity. Target audience and key takeaways - Project Managers: Understand modeling and forecast projects, and how to simulate those models to answer questions regarding delivery dates, cost, and staffing needs. Development Managers and Team Leads: Understand how to reduce the amount of estimation required for cost and date forecasts, and determining what development events cause the most impact. Executive Leadership: Understand how multiple teams can co-ordinate their forecasts in a methodical way, and provide a consistent approach to risk management and decision making. Venture Capital Investors: Understand how to obtain reliable cost and date forecasts for potential investments and how to compare different software project investment portfolios. Topics include - Simulating Scrum and Kanban project methodologies Forecasting the probability of hitting delivery date & costs Hiring the right team size and skill mix Creating visual animations and videos to sell solutions to others Finding what model inputs are critical to delivery date Effective (and minimal) story estimation and grouping strategies Capturing the project deliverables and story backlog Modeling development events: defects, added scope and blocking events Reverse engineering real-world data to improve model accuracy

Profit From Your Forecasting Software

Profit From Your Forecasting Software
Title Profit From Your Forecasting Software PDF eBook
Author Paul Goodwin
Publisher John Wiley & Sons
Pages 188
Release 2018-03-22
Genre Computers
ISBN 1119416000

Download Profit From Your Forecasting Software Book in PDF, Epub and Kindle

Go beyond technique to master the difficult judgement calls of forecasting A variety of software can be used effectively to achieve accurate forecasting, but no software can replace the essential human component. You may be new to forecasting, or you may have mastered the statistical theory behind the software’s predictions, and even more advanced “power user” techniques for the software itself—but your forecasts will never reach peak accuracy unless you master the complex judgement calls that the software cannot make. Profit From Your Forecasting Software addresses the issues that arise regularly, and shows you how to make the correct decisions to get the most out of your software. Taking a non-mathematical approach to the various forecasting models, the discussion covers common everyday decisions such as model choice, forecast adjustment, product hierarchies, safety stock levels, model fit, testing, and much more. Clear explanations help you better understand seasonal indices, smoothing coefficients, mean absolute percentage error, and r-squared, and an exploration of psychological biases provides insight into the decision to override the software’s forecast. With a focus on choice, interpretation, and judgement, this book goes beyond the technical manuals to help you truly grasp the more intangible skills that lead to better accuracy. Explore the advantages and disadvantages of alternative forecasting methods in different situations Master the interpretation and evaluation of your software’s output Learn the subconscious biases that could affect your judgement toward intervention Find expert guidance on testing, planning, and configuration to help you get the most out of your software Relevant to sales forecasters, demand planners, and analysts across industries, Profit From Your Forecasting Software is the much sought-after “missing piece” in forecasting reference.

Excel Sales Forecasting For Dummies

Excel Sales Forecasting For Dummies
Title Excel Sales Forecasting For Dummies PDF eBook
Author Conrad Carlberg
Publisher John Wiley & Sons
Pages 408
Release 2016-06-23
Genre Computers
ISBN 1119291437

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Excel at predicting sales and forecasting trends using Microsoft Excel! If you're a sales or marketing professional, you know that forecasting sales is one of the biggest challenges you face on the job. Unlike other books on the subject, Excel Sales Forecasting For Dummies, 2nd Edition leaves arcane business school terms and complex algebraic equations at the door, focusing instead on what you can do right now to utilize the world's most popular spreadsheet program to produce forecasts you can rely on. Loaded with confidence boosters for anyone who succumbs to sweaty palms when sales predictions are mentioned, this trusted guide show you how to use the many tools Excel provides to arrange your past data, set up lists and pivot tables, use moving averages, and so much more. Before you know it, you'll become a forecaster par excellence—even if numbers aren't your jam. Choose the right forecasting method Find relationships in your data Predict seasonal sales Filter lists or turn them into charts Consider this guide your crystal ball—and start predicting the future with confidence and ease!