Business Forecasting

Foreword (Spyros Makridakis and Fotios Petropoulos) xi
 
Preface (Michael Gilliland, Len Tashman, and Udo Sglavo) xv
 
State of the Art 1
 
Forecasting in Social Settings: The State of the Art (Spyros Makridakis, Rob J. Hyndman, and Fotios Petropoulos) 1
 
Chapter 1 Artificial Intelligence and Machine Learning in Forecasting 31
 
1.1 Deep Learning for Forecasting (Tim Januschowski and colleagues) 32
 
1.2 Deep Learning for Forecasting: Current Trends and Challenges (Tim Januschowski and Colleagues) 41
 
1.3 Neural Network--Based Forecasting Strategies (Steven Mills and Susan Kahler) 48
 
1.4 Will Deep and Machine Learning Solve Our Forecasting Problems? (Stephan Kolassa) 65
 
1.5 Forecasting the Impact of Artificial Intelligence: The Emerging and Long-Term Future (Spyros Makridakis) 72
 
Commentary: Spyros Makridakis's Article "Forecasting The Impact Of Artificial Intelligence" (Owen Davies) 80
 
1.6 Forecasting the Impact of Artificial Intelligence: Another Voice (Lawrence Vanston) 84
 
Commentary: Response to Lawrence Vanston (Spyros Makridakis) 92
 
1.7 Smarter Supply Chains through AI (Duncan Klett) 94
 
1.8 Continual Learning: The Next Generation of Artificial Intelligence (Daniel Philps) 103
 
1.9 Assisted Demand Planning Using Machine Learning (Charles Chase) 110
 
1.10 Maximizing Forecast Value Add through Machine Learning and Behavioral Economics (Jeff Baker) 115
 
1.11 The M4 Forecasting Competition -- Takeaways for the Practitioner (Michael Gilliland) 124
 
Commentary --The M4 Competition and a Look to the Future (Fotios Petropoulos) 132
 
Chapter 2 Big Data in Forecasting 135
 
2.1 Is Big Data the Silver Bullet for Supply-Chain Forecasting? (Shaun Snapp) 136
 
Commentary: Becoming Responsible Consumers of Big Data (Chris Gray) 142
 
Commentary: Customer versus Item Forecasting (Michael Gilliland)

MICHAEL GILLILAND is Marketing Manager for SAS forecasting software and Associate Editor of Foresight: The International Journal of Applied Forecasting. He is author of The Business Forecasting Deal.
 
LEN TASHMAN is the founding editor of Foresight: The International Journal of Applied Forecasting. He is emeritus professor of business administration at the University of Vermont and Director of the Center for Business Forecasting.
 
UDO SGLAVO is Vice President of Analytics R&D at SAS and holds several patents in the area of advanced analytics. His writings have appeared in Analytics magazine and the book Big Data and Business Analytics.