Demand Forecasting using Regression

Demand Forecasting using Linear Regression

Learn with Discover Talent presents a practical approach to Demand Forecasting using Linear Regression. This video is designed to make forecasting data easier, breaking down the process into simple, manageable steps. Whether you're new to data analytics or looking to enhance your skills, this tutorial will help you apply linear regression techniques effectively in your work.

Demand forecasting is a crucial aspect of many industries, particularly in supply chain management. Accurate forecasts can lead to better inventory management, improved customer satisfaction, and increased sales. By mastering this method, you'll be able to predict future trends and make informed decisions, which can lead to significant improvements in your company's performance.

In this video, we will guide you through each step of the process, ensuring that you understand how to apply linear regression to real-world data. We'll start with the basics, covering what linear regression is and how it works. From there, we will move on to the practical application, where you'll learn how to use this technique to forecast demand accurately.

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