Forecasting, Volume 4, Issue 2

Compared to other industries, fashion apparel retail faces many challenges in predicting future demand for its products with a high degree of precision. Fashion products’ short life cycle, insufficient historical information, highly uncertain m...

Because of the non-linearity inherent in energy commodity prices, traditional mono-scale smoothing methodologies cannot accommodate their unique properties. From this viewpoint, we propose an extended mode decomposition method useful for the time-fre...

The path choice models play a key role in transportation engineering, especially when coupled with an assignment procedure allowing link flows to be obtained. Their implementation could be complex and resource-consuming. In particular, such a task co...

Forecast developers predominantly assess residuals and error statistics when tuning the targeted model’s quality. With that, eventual cost or rewards of the underlying business application are typically not considered in the model development p...

Companies facing transformation in the automotive industry will need to adapt to new trends, technologies and functions, in order to remain competitive. The challenge is to anticipate such trends and to forecast their development over time. The aim o...

The paper applies innovation diffusion models to study the adoption process of solar PV energy in the UK from 2010 to 2021 by comparing the trajectories between three main categories, residential, commercial, and utility, in terms of both the number...

This paper proposes the application of a multivariate diffusion model, based on ordinary differential equations, to investigate the energy transition in Germany. Specifically, the model is able to analyze the dynamic interdependencies between coal, g...

Tourism is one of the main sources of wealth for the Moroccan regions, since, in 2019, it contributed 7.1% to the total GDP. However, it is considered to be one of the sectors most vulnerable to exogenous shocks (political and social stability, curre...

Since its inception in 2009, Bitcoin has increasingly gained main stream attention from the general population to institutional investors. Several models, from GARCH type to jump-diffusion type, have been developed to dynamically capture the price mo...