Artificial Intelligence in Forecasting : Tools and Techniques
Artificial Intelligence in Forecasting : Tools and Techniques
Click to enlarge
Author(s): Mohanty, Sachi Nandan
ISBN No.: 9781032506159
Pages: 356
Year: 202404
Format: Trade Cloth (Hard Cover)
Price: $ 265.60
Dispatch delay: Dispatched between 7 to 15 days
Status: Available

"Importance of forecasting is to deal with the uncertainty of the future. An accurate Forecasting should be timely available, accurate, reliable and compatible with existing database. Accurate projection of the future is highly demanding for supply chain management, inventory control, economic condition, technology, growth trend, social change, political change, business, weather forecasting, stock price prediction, earth quake prediction and many more. In this direction AI powered tools and techniques of forecasting plays a major role to improve the projection accuracy. AI powered forecasting software uses machine learning techniques to improve accuracy. The software can analyse the past data and can make better prediction about the future trends with higher accuracy and confidence that favours for making proper future planning and decision. Moreover, AI forecasting tools are better in a sense that it can gradually improve its accuracy. In other words, accurate forecasting requires more than just the fitting of models to historical data.


Inside, readers will find the latest techniques used by managers in business today, discover the importance of forecasting and learn how its accomplished. And readers will develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts"--.


To be able to view the table of contents for this publication then please subscribe by clicking the button below...
To be able to view the full description for this publication then please subscribe by clicking the button below...