Tag Archives: how to?

ABC-XYZ analysis for forecasting

The ABC-XYZ analysis is a very popular tool in supply chain management. It is based on the Pareto principle, i.e. the expectation that the minority of cases has a disproportional impact to the whole. This is often referred to as the 80/20 rule, with the classical example that the 80% of the wealth is owned… Read More »

Material for `Forecasting with R: A practical workshop”

Together with Fotios Petropoulos we gave a workshop on producing forecasts with R, at the International Symposium on Forecasting, 2016. You can find the material of the workshop here. The workshop notes assume knowledge of what the various forecasting methods do, which are only briefly explained in the workshop’s slides, and mostly focuses in showing… Read More »