4min chapter

Data Skeptic cover image

Fast and Frugal Time Series Forecasting

Data Skeptic

CHAPTER

Forecasting - The Cost Saving Angle for Large Organizations

The cost of running the forecast is a big deal for large organizations. But there are several other costs that need be considered to build yo forecasting engine. "We cannot, as allof them, put a value in one % increase or decrease in forecast accuracy"

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