Artificial Intelligence in forecasting: tools and techniques
Gespeichert in:
Bibliographische Detailangaben
Weitere beteiligte Personen: Mohanty, Sachi Nandan 1981- (HerausgeberIn), Nanjundan, Preethi 1980- (HerausgeberIn), Kar, Tejaswini 1981- (HerausgeberIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: Boca Raton ; London ; New York CRC Press, Taylor & Francis Group 2024
Ausgabe:First edition
Schriftenreihe:A Science Publishers book
Schlagwörter:
Abstract:"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 it's accomplished. And readers will develop the necessary skills to meet the increased demand for thoughtful and realistic forecasts"--
Beschreibung:Enthält Literaturangaben und Index
Umfang:viii, 356 Seiten Illustrationen, Diagramme
ISBN:9781032506159
9781032506180