3min chapter

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Black Friday

Data Skeptic

CHAPTER

Facebook Profit Time Series Modeling

Before, we were using a weekly level forecast, and that was done rather in old systems that i inherited. It did take some time, but i heavily used the facebook profit time series modeling package. And so this model normally operates very well, following closely the trend of what we sell on dato day basis. We needed that daily level volume because our warehouses need to be able to staff him accordingly. The base line model also factors in these huge spikes and demand, which are usually caused by emales. So when an email goes out, the average volume will be maybe like two x on that particular day,. On a slower day it might be a little bit less than x, assuming that

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