Download or read book The Synthesis of Forecasting Models in Decision Analysis written by Derek W. Bunn and published by Birkhäuser. This book was released on 1978 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Technological Forecasting for Decision Making written by Joseph Paul Martino and published by North Holland. This book was released on 1983 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Forecasting with Artificial Intelligence written by Mohsen Hamoudia and published by Springer Nature. This book was released on 2023-10-22 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive guide that explores the intersection of artificial intelligence and forecasting, providing the latest insights and trends in this rapidly evolving field. The book contains fourteen chapters covering a wide range of topics, including the concept of AI, its impact on economic decision-making, traditional and machine learning-based forecasting methods, challenges in demand forecasting, global forecasting models, meta-learning and feature-based forecasting, ensembling, deep learning, scalability in industrial and optimization applications, and forecasting performance evaluation. With key illustrations, state-of-the-art implementations, best practices, and notable advances, this book offers practical insights into the theory and practice of AI-based forecasting. This book is a valuable resource for anyone involved in forecasting, including forecasters, statisticians, data scientists, business analysts, or decision-makers.

Download or read book Predicting Human Decision Making written by Ariel Rosenfeld and published by Morgan & Claypool Publishers. This book was released on 2018-01-22 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human decision-making often transcends our formal models of "rationality." Designing intelligent agents that interact proficiently with people necessitates the modeling of human behavior and the prediction of their decisions. In this book, we explore the task of automatically predicting human decision-making and its use in designing intelligent human-aware automated computer systems of varying natures—from purely conflicting interaction settings (e.g., security and games) to fully cooperative interaction settings (e.g., autonomous driving and personal robotic assistants). We explore the techniques, algorithms, and empirical methodologies for meeting the challenges that arise from the above tasks and illustrate major benefits from the use of these computational solutions in real-world application domains such as security, negotiations, argumentative interactions, voting systems, autonomous driving, and games. The book presents both the traditional and classical methods as well as the most recent and cutting edge advances, providing the reader with a panorama of the challenges and solutions in predicting human decision-making.

Download or read book The Handbook of Behavioral Operations written by Karen Donohue and published by John Wiley & Sons. This book was released on 2018-11-06 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of behavioral operations management that puts the focus on new and trending research in the field The Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research. The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research. Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing. Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust. Connects existing bodies of behavioral operations literature with related fields, including psychology and economics. Provides a vision for future behavioral research in operations. Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.

Download or read book Forecasting for Business written by Douglas Wood and published by Longman Publishing Group. This book was released on 1976 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management development guide on the close relationship between management forecasting and decision making - focuses on forecasting techniques, (notably statistical analysis, linear programming and network analysis), and presents applications to specific forecasting problems (benchmark forecasting, causal models, economic forecasting for the UK, etc.). Graphs, references and statistical tables.

Download or read book Optimal Forecasting in Selected Organizational Models written by Stanley Baiman and published by . This book was released on 1974 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Advanced Practices in Travel Forecasting written by Rick Donnelly and published by Transportation Research Board. This book was released on 2010 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 406: Advanced Practices in Travel Forecasting explores the use of travel modeling and forecasting tools that could represent a significant advance over the current state of practice. The report examines five types of models: activity-based demand, dynamic network, land use, freight, and statewide.

Download or read book Decision Making and Forecasting written by Kneale T. Marshall and published by McGraw-Hill Science, Engineering & Mathematics. This book was released on 1995 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses how to design the most important features of realistic decision problems into analytical models that reveal their structure and give insight. Emphasis is on model formulation using graphical techniques with influence diagrams and decision trees. Decision Making and Forecasting shows how forecasting must be integrated with decision making in a coherent manner and makes frequent use of the economic value of forecasts.

Download or read book Forecasting Methods for Management written by Steven C. Wheelwright and published by John Wiley & Sons. This book was released on 1977 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines the full range of qualitative and quantitative forecasting methods. Discusses forecasting challenges, including learning the difference between explaining the past and predicting the future, and the impact of judgmental biases; and forecasting applications for short, medium, and long-term horizons. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book Robust Estimation of the Area of Adequacy of Forecasting One Parameter Model of Exponential Smoothing written by Yurii Pronchakov and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of parameter synthesis of a forecasting one-parameter model of exponential smoothing for predictive estimation of indicators of the organizational and technical system is considered. To select intervals of a given quality in the range of admissible values of the internal parameter, the criterion of absolute error of multiple forecasts is selected. It allowed the formation of an analytical retrospective model with "soft" constraints. As a result, a method of robust estimation of the adequacy area of the forecasting one-parameter exponential smoothing model is developed, which allows one to analytically evaluate the limits of the adequacy area of the forecasting model depending on the requirements for its retrospective accuracy. The proposed method allows the user to specify a set of permissible retrospective errors depending on the requirements of forecasting specifications. The proposed method can be used for parameter adjustment of one-parameter forecasting models and serves as a decision support tool in the forecasting process. The simulation results are interval estimates, which are preferable to point ones in the process of parameter synthesis. Unlike search methods, the analytical form of retrospective dependencies allows you to obtain a solution with high accuracy and, if necessary, provides the analyst with the opportunity for graphical analysis of the adequacy area of the model. The example shows the fragment of estimating the dynamics of the time series in a retrospective analysis with a depth of three values and specified limit relative errors of 1-4 %. Under such conditions, the area for a reasonable selection of the adjustment parameter is determined by the combined intervals of a width of about 20 % of the initial range of acceptable values.

Download or read book Forecasting written by Spyros G. Makridakis and published by John Wiley & Sons. This book was released on 1978 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Wiley/Hamilton publication." Includes bibliographies and index.

Download or read book Lecture Notes in Computational Intelligence and Decision Making written by Volodymyr Lytvynenko and published by Springer. This book was released on 2019-07-23 with total page 715 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information and computer technologies for data analysis and processing in various fields of data mining and machine learning generates the conditions for increasing the effectiveness of information processing by making it faster and more accurate. The book includes 49 scientific papers presenting the latest research in the fields of data mining, machine learning and decision-making. Divided into three sections: “Analysis and Modeling of Complex Systems and Processes”; “Theoretical and Applied Aspects of Decision-Making Systems”; and “Computational Intelligence and Inductive Modeling”, the book is of interest to scientists and developers in the field.

Download or read book Decision and Forecasting Models written by Alan Jessop and published by . This book was released on 1990 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enhancing the Efficacy of Predictive Analytical Modeling in Operational Management Decision Making written by Hossein Najmizadehbaghini and published by . This book was released on 2019 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this work, we focus on enhancing the efficacy of predictive modeling in operational management decision making in two different settings: Essay 1 focuses on demand forecasting for the companies and the second study utilizes longitudinal data to analyze the illicit drug seizure and overdose deaths in the United States. In Essay 1, we utilize an operational system (newsvendor model) to evaluate the forecast method outcome and provide guidelines for forecast method (the exponential smoothing model) performance assessment and judgmental adjustments. To assess the forecast outcome, we consider not only the common forecast error minimization approach but also the profit maximization at the end of the forecast horizon. Including profit in our assessment enables us to determine if error minimization always results in maximum profit. We also look at the different levels of profit margin to analyze their impact on the forecasting method performance. Our study also investigates how different demand patterns influence maximizing the forecasting method performance. Our study shows that the exponential smoothing model family has a better performance in high-profit products, and the rate of decrease in performance versus demand uncertainty is higher in a stationary demand environment.In the second essay, we focus on illicit drug overdose death rate. Illicit drug overdose deaths are the leading cause of injury death in the United States. In 2017, overdose death reached the highest ever recorded level (70,237), and statistics show that it is a growing problem. The age adjusted rate of drug overdose deaths in 2017 (21.7 per 100,000) is 9.6% higher than the rate in 2016 (19.8 per 100,000) (U. S. Drug Enforcement Administration, 2018, p. V). Also, Marijuana consumption among youth has increased since 2009. The magnitude of the illegal drug trade and its resulting problems have led the government to produce large and comprehensive datasets on a variety of phenomena relating to illicit drugs. In this study, we utilize these datasets to examine how marijuana usage among youth influence excessive drug usage. We measure excessive drug usage in terms of drug overdose death rate per state. Our study shows that illegal marijuana consumption increases excessive drug use. Also, we analyze the pattern of most frequently seized illicit drugs and compare it with drugs that are most frequently involved in a drug overdose death. We further our analysis to study seizure patterns across layers of heroin and cocaine supply chain across states. This analysis reveals that most active layers of the heroin supply chain in the American market are retailers and wholesalers, while multi-kilo traffickers are the most active players in the cocaine supply chain. In summary, the studies in this dissertation explore the use of analytical, descriptive, and predictive models to detect patterns to improve efficacy and initiate better operational management decision making.

Download or read book A Selected Annotated Bibliography on the Analysis of Water Resource Systems written by Water Resources Scientific Information Center and published by . This book was released on 1973 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Forecasting in Business and Economics written by C. W. J. Granger and published by Academic Press Incorporated. This book was released on 1989-04-28 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the major techniques of forecasting used in economics and business. This book focuses on the forecasting of economic data and covers a range of topics, including the description of the Box-Jenkins single series modeling techniques; forecasts from purely statistical and econometric models; nonstationary and nonlinear models; and more.