Selecting Your Statistical Forecasting Level: How Low Should You Go?

2021-08-26T15:16:09-04:00Categories: Forecasting Education|Tags: , |

Many organizations need to generate forecasts at very detailed levels. For example, a consumer products company may need an SKU-by-customer forecast, a shoe manufacturer may need a shoe-by-size forecast, or an automobile manufacturer may need a parts-level forecast. One approach to generating low-level forecasts is to apply statistical forecasting methods directly to the lowest-level demand [...]