Forecasting Methods And Applications 3rd Edition  (English, Paperback, Spyros Makridakis, Rob J Hyndman, Steven C Wheelwright)

Popular right from its very first edition Forecasting Methods And Applications is considered an authoritative handbook of forecasting.

Summary Of The Book

Forecasting refers to a series of events, using which one can infer the accurate outcomes of the future that are yet to be determined. With a new approach to the basic concepts of exact forecasting, Forecasting Methods And Applications is a book that comprehends modern approaches adapted by administrators to determine the future. This book is a complete guide to help you understand how forecasting is significant in determining future events. It will also help the readers to ascertain how one can master the art of forecasting by applying modern approaches to it.

Analyzing the history of events or by filling appropriate samples to the occurred events is not adequate for forecasting. It requires skills, planning, and modern approaches to determine the occurrence of future events. This book has been authored with an idea to improve the readers with the basic expertise of accurate forecasting.

This book deals with various topics like The Forecasting Perspective, Time Series Decomposition, Simple Regression, Forecasting the Long-Term, Exponential Smoothing Methods, Basic Forecasting, Tools, Judgmental Forecasting and Adjustments, Multiple Regression, Advanced Forecasting Models, Implementing Forecasting: Its Uses, Advantages, The Box-Jenkins Methodology for Arima Models, and Limitations and Exponential Smoothing Methods.

About The Authors

Spyros Makridakis is an emeritus professor of Decision Sciences.

He has authored several books like Dance with Chance: Making Luck Work For You, Single Market Europe: Opportunities And Challenges For Business, and Interactive Forecasting: Univariate And Multivariate Methods .

He holds a PhD degree from the New York University, in the year 1969. He is also a consultant for various business institutions and government bodies.

Steven C Wheelwright is an emeritus professor of Business Administration at the Harvard Business School.

He has also co-authored Strategic Management of Technology and Innovation, with two of his colleagues from the Stanford and Harvard Business School.

Rob J Hyndman is a prolific Forecasting Expert and a professor of statistics at Monash University.

He has authored and co authored several other books like The Times: a chronology of the Bible, Forecasting: Principles And Practice, Forecasting With Exponential Smoothing: The State Space Approach, The Way of Life, and ITSM For Windows: A User’s Guide To Time Series Modelling And Forecasting.

He is also the Editor-in-Chief of International Journal of Forecasting. He holds a PhD degree from the University of Melbourne.