Demand Planning in RStudio: Create Demand Forecast
By External Provider
About this course
This Guided Project Demand Planning in RStudio: Create Demand Forecast is for Supply Chain and/or Operations Analysts. In this 2-hour long project-based course, you will learn how: - Analyse demand data and cateogorise products based on trend and seasonality - Model demand data and create demand forecast for a given number of forecasting periods. - Diagnose the demand model; evaluate the forecast; plot and export the output. Benefit: Creating reasonably accurate forecasts enables businesses to make efficient production plans, determine optimal inventory policies, make effective pricing decisions, and achieve better customer satisfaction. Prerequisites: 1. Basic R language (variables, vectors, data frames) 2. Familiarity with RStudio interface 3. Basic overview of Supply Chains / Operations
What you will learn
- Analyse demand data and cateogorise products based on trend and seasonality
- Model demand data and create demand forecast for a given number of forecasting periods.
- Diagnose the demand model; evaluate the forecast; plot and export the output.