2min chapter

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Fast and Frugal Time Series Forecasting

Data Skeptic

CHAPTER

The Cost to Produce Time Series Forecasts

The cost to produce forecasts can be measured in hours or person days. The computetional cost may not be relevant for many organizations when they deal with a few hundreds of time series. But it becomes quite relevant in retail context, where we have several hundreds of thousands of stop keeping units and escaus at the same time.

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