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A Classification of Business Forecasting Problems

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  • Tim Januschowski
  • Stephan Kolassa

Abstract

While we have many taxonomies of forecasting methods, the authors present a classification of forecasting problems in modern industrial settings. Such a classification can help decision makers understand what resources to draw upon when facing a particular problem and may lead to more scientific discourse about the relevant data sets for benchmarking forecasting performance. Copyright International Institute of Forecasters, 2019

Suggested Citation

  • Tim Januschowski & Stephan Kolassa, 2019. "A Classification of Business Forecasting Problems," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 52, pages 36-43, Winter.
    • Handle: RePEc:for:ijafaa:y:2019:i:52:p:36-43
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    Cited by:

    1. Petropoulos, Fotios & Apiletti, Daniele & Assimakopoulos, Vassilios & Babai, Mohamed Zied & Barrow, Devon K. & Ben Taieb, Souhaib & Bergmeir, Christoph & Bessa, Ricardo J. & Bijak, Jakub & Boylan, Joh, 2022. "Forecasting: theory and practice," International Journal of Forecasting, Elsevier, vol. 38(3), pages 705-871.
      • Fotios Petropoulos & Daniele Apiletti & Vassilios Assimakopoulos & Mohamed Zied Babai & Devon K. Barrow & Souhaib Ben Taieb & Christoph Bergmeir & Ricardo J. Bessa & Jakub Bijak & John E. Boylan & Jet, 2020. "Forecasting: theory and practice," Papers 2012.03854, arXiv.org, revised Jan 2022.
    2. Van Belle, Jente & Crevits, Ruben & Verbeke, Wouter, 2023. "Improving forecast stability using deep learning," International Journal of Forecasting, Elsevier, vol. 39(3), pages 1333-1350.
    3. Januschowski, Tim & Wang, Yuyang & Torkkola, Kari & Erkkilä, Timo & Hasson, Hilaf & Gasthaus, Jan, 2022. "Forecasting with trees," International Journal of Forecasting, Elsevier, vol. 38(4), pages 1473-1481.

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