Discover how econometricians use math and statistics to analyze and predict economic trends, serving in finance and academia ...

With legacy load forecasting models struggling with unpredictable events that are becoming ever more common, power-hungry AI ...

Drawing on research, ESMT’s Oliver Binz shows why breaking profitability into its underlying drivers — rather than treating ...

Understand the replacement chain method, a crucial capital budgeting tool for comparing projects with different life spans. Explore how it works, its requirements, and alternatives.

FORECAST.ETS applies an exponential triple smoothing (ETS) algorithm to create forecasts that can include trend and seasonal ...

Abstract: In the aviation industry, inventory management based on non-smooth demand forecasting is an ongoing challenge. Generally, aircraft parts lack easily observable demand patterns. Through ...

This document demonstrates a minimalist example of how to write a CHAP-compatible forecasting model. The example is written in Python, uses few variables without any lag and a standard machine ...

Abstract: Frequent occurrences of marine extreme climate and weather events pose significant threats to human life and property, underscoring the practical significance of meteorological data ...