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SCM Lecture: Probabilistic forecasting for Supply Chain

2 March @ 15:00 - 16:30 UTC+1

More details at https://www.lokad.com/lectures A forecast is said to be probabilistic, instead of deterministic, if it contains a set of probabilities associated with all possible future outcomes, instead of pinpointing one particular outcome as “the” forecast. Probabilistic forecasts are important whenever uncertainty is irreducible, which is nearly always the case whenever complex systems are concerned. For supply chains, probabilistic forecasts are essential to produce robust decisions against uncertain future conditions.

Details

Date:
2 March
Time:
15:00 - 16:30 UTC+1
Event Category:
Event Tags:
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Website:
https://www.lokad.com/lectures