Let's face it, anyone who has worked on Time Series Forecasting problems in the retail, logistics, e-commerce etc. would have definitely cursed that long tail which never behaves. The dreaded intermittent time series which makes the job of a forecaster difficult. This nuisance renders most of the standard forecasting techniques impractical, raises questions about the … Continue reading Intermittent Demand Forecasting with Deep Renewal Processes
Forecast Error Measures: Intermittent Demand
In the previous few blog posts, we've seen all the popular forecast measures used in practice. But all of them were really focused on smooth and steady time series. But there is a whole different breed of time series in real life - intermittent and lumpy demand. Source Casually, we call intermittent series as series … Continue reading Forecast Error Measures: Intermittent Demand