Forecastingisrequiredinmanysituations.Decidingwhethertobuildanotherpowergenerationplantinthenextfiveyearsrequiresforecastsoffuturedemand.Schedulingstaffinacallcentrenextweekrequiresforecastsofcallvolumes.Stockinganinventoryrequiresforecastsofstockrequirements.Telecommunicationroutingrequirestrafficforecastsafewminutesahead.Whateverthecircumstancesortimehorizonsinvolved,forecastingisanimportantaidineffectiveandefficientplanning.Thistextbookprovidesacomprehensiveintroductiontoforecastingmethodsandpresentsenoughinformationabouteachmethodforreaderstousethemsensibly.ExamplesuseRwithmanydatasetstakenfromtheauthors'ownconsultingexperience.
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