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This project provides a foundational knowledge to build and apply time series forecasting models in a variety of business contexts.
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Difficulty: AdvancedDesigned for those with a technical background or industry experience
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Duration: Approximately 3 hours
Course Overview
- Forecasting or predicting the future value over a period of time is known as time series forecasting. It involves creating models based on historical data and using them to draw conclusions and direct future tactical decisions.
- Developing a comprehensive understanding of future demand is the essence of demand forecasting. Demand forecasting employs both quantitative and qualitative data to make predictions about future sales and the products that customers will purchase.
- Retail businesses can use demand forecasting to predict a store’s sales and revenue for a given time in the future. The supply chain can benefit from using precise demand projections to enhance decision-making and results in domains like store and distribution centre replenishment, production scheduling, and resource planning.
- Learn to study the principles of forecasting when historical data shows a trend to successfully carry out resource utilization, refilling, and other business issues.
What’s included
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Skills you will learn
Associated Learning Tracks
How it Works
Learn new skills that will boost your career by enrolling in courses across data analytics, data science, ML and AI. These courses will utilize readings, videos, quizzes, data cases, and even coding exercises to teach you skills and concepts in a way that will solidify your new knowledge for hands-on application.
With our hands-on projects, you will take your newly learned skills along with our 750+ low-code/no-code functions and embedded coding console to complete milestone-based projects. Once completed, you will have effectively applied new skills and concepts to real-world data cases that can be translated directly into your career.
Complete assessments and track your progress in real-time to benchmark your proficiency in relation to key functional areas. As you progress through your courses, our patented platform will utilize ML and AI to record and analyze your inputs and output to provide active feedback and recommendations that will help you learn more effectively than the standard Letter Grade system used today.
Complete courses to earn sharable certificates and badges. These awarded items will be look great in your portfolio as you showcase your skills and project experience to employers and colleagues.
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Rolai’s patented process provides a personalized learning process for each user. Rolai goes deeper than simply learning concepts and testing your skills. At Rolai, learners can apply their skills to actual industry use cases and projects.
Our courses include readings, videos, quizzes, and hands-on data cases that are completed using our virtual lab; give learners an applied learning experience.
No additional tools are needed to begin learning with Rolai. Our virtual lab contains the necessary data workspace and an embedded coding console.
- We have internal SMEs across industries and domains that we work with to develop relevant content and assure quality datasets and problem statements.
- We also work with enterprises and universities to develop new content directed towards their industry and expertise.
