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Forecasting time series using R by Prof Rob J Hyndman at Melbourne R Users
Forecasting: principles and practice
This book is an excellent resource for anyone interested in forecasting. A free online version can be found here. Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning.
Foreword 1. Source: Cryer Welcome to our online textbook on forecasting. This textbook is intended to provide a comprehen- sive introduction to forecasting methods and to present enough information about each method for readers to be able to use them sensibly. The book is written for three audiences: 1 people finding themselves doing forecasting in business when they may not have had any formal training in the area; 2 undergraduate students studying business; 3 MBA students doing a forecasting elective. We use it ourselves for a second-year subject for students undertaking a Bachelor of Commerce degree at Monash University, Australia. For most sections, we only assume that readers are familiar with algebra, and high school mathematics should be sufficient background.
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