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Assessing the level of demand for a service when you have no existing data to go on (21 Jan 15)

One of your trickiest problems solved


 If you want to forecast what future demand might be for a service, itís relatively (!) straightforward.

Assuming you have some data on current usage you can use that data to build a model that you use to forecast demand with.

By constructing a time series model you can break the forecast into different factors, identifying any influential factors that drive demand…

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