The paper Back in 2020, when we were all siting in the COVID lockdown, I had a call with Bahman Rostami-Tabar to discuss one of our projects. He told me that he had an hourly data of an Emergency Department from a hospital in Wales, and suggested writing a paper for a healthcare audience to […]
Regression
smooth v3.2.0: what’s new?
smooth package has reached version 3.2.0 and is now on CRAN. While the version change from 3.1.7 to 3.2.0 looks small, this has introduced several substantial changes and represents a first step in moving to the new C++ code in the core of the functions. In this short post, I will outline the main new […]
The first draft of “Forecasting and Analytics with ADAM”
After working on this for more than a year, I have finally prepared the first draft of my online monograph “Forecasting and Analytics with ADAM“. This is a monograph on the model that unites ETS, ARIMA and regression and introduces advanced features in univariate modelling, including: ETS in a new State Space form; ARIMA in […]
Introducing scale model in greybox
At the end of June 2021, I released the greybox package version 1.0.0. This was a major release, introducing new functionality, but I did not have time to write a separate post about it because of the teaching and lack of free time. Finally, Christmas has arrived, and I could spend several hours preparing the […]
An Integrated Method for Estimation and Optimisation
My PhD student, Congzheng Liu (co-supervised with Adam Letchford) has written a paper, entitled “Newsvendor Problems: An Integrated Method for Estimation and Optimisation“. This paper has recently been published in EJOR. In this paper we build upon the existing Ban & Rudin (2019) approach for newsvendor problem, showing that in case of the linear model, […]
The creation of ADAM – next step in statistical forecasting
Good news everyone! The future of statistical forecasting is finally here :). Have you ever struggled with ETS and needed explanatory variables? Have you ever needed to unite ARIMA and ETS? Have you ever needed to deal with all those zeroes in the data? What about the data with multiple seasonalities? All of this and […]
International Symposium on Forecasting 2019
The ISF2019 took place in Thessaloniki, Greece. This time I presented a spin-off of my research on intermittent demand in retail, entitled as “What about those sweet melons? Using mixture models for demand forecasting in retail”. The idea is quite trivial and simple: use mixture distribution regressions (e.g. logistic and log-normal distributions) in order to […]