Demand Forecasting Using Time Series
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Demand Forecasting Using Time Series
This course is part of Machine Learning for Supply Chains Specialization
Instructor: LearnQuest Network
4,312 already enrolled
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What you'll learn
Building ARIMA models in Python to make demand predictions
Developing the framework for more advanced neural netowrks (such as LSTMs) by understanding autocorrelation and autoregressive models.
Skills you'll gain
- Statistical Modeling
- Plot (Graphics)
- Data Analysis
- Applied Machine Learning
- Correlation Analysis
- Machine Learning
- Demand Planning
- Statistical Analysis
- Predictive Modeling
- Time Series Analysis and Forecasting
- Predictive Analytics
- Regression Analysis
- Supply Chain
- Forecasting
- Trend Analysis
- Supply Chain Management
- Data Visualization
Tools you'll learn
Details to know
5 assignments
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There are 4 modules in this course
This course is the second in a specialization for Machine Learning for Supply Chain Fundamentals. In this course, we explore all aspects of time series, especially for demand prediction. We'll start by gaining a foothold in the basic concepts surrounding time series, including stationarity, trend (drift), cyclicality, and seasonality. Then, we'll spend some time analyzing correlation methods in relation to time series (autocorrelation). In the 2nd half of the course, we'll focus on methods for demand prediction using time series, such as autoregressive models. Finally, we'll conclude with a project, predicting demand using ARIMA models in Python.
In this module, we'll get our feet wet with time series in Python. We'll start by getting familiar with where time series fits in to the machine learning landscape. Then, we'll learn about the main types of time series and their distinguishing factors, including period, frequency, and stationarity. After pausing to learn how to plot timeseries in Python, we'll explore the differences between seasonality and cyclicality.
What's included
7 videos3 readings2 assignments1 discussion prompt
7 videosβ’Total 29 minutes
- Course Introductionβ’1 minute
- Module Introductionβ’1 minute
- Introduction to Time Seriesβ’3 minutes
- Datetime Objects in Pythonβ’7 minutes
- Plotting with Pandasβ’6 minutes
- Types of Time Seriesβ’3 minutes
- Exploratory Analysis with Time Seriesβ’7 minutes
3 readingsβ’Total 30 minutes
- Machine Learning in Supply Chainβ’10 minutes
- Time Series Patternsβ’10 minutes
- Time Series Basicsβ’10 minutes
2 assignmentsβ’Total 55 minutes
- Time Series Basicsβ’45 minutes
- Practice Quiz: Types of Time Seriesβ’10 minutes
1 discussion promptβ’Total 10 minutes
- Welcome to the Courseβ’10 minutes
In this module, we'll dive into the ideas behind autocorrelation and independence. We'll start by digging into the math of correlation and how it can be used to characterize the relationship between two variables. Next, we'll define its relationship to independence and explain where these ideas can be used. Finally, we'll combine correlation with time series attributes, such as trend, seasonality, and stationarity to derive autocorrelation. We'll go through both some of the theory behind autocorrelation, and how to code it in Python.
What's included
8 videos2 readings2 assignments1 discussion prompt
8 videosβ’Total 36 minutes
- Module Introductionβ’1 minute
- Correlationβ’6 minutes
- Shifting Time Seriesβ’3 minutes
- Introduction to Autocorrelationβ’5 minutes
- Partial Autocorrelation Function (PACF)β’6 minutes
- PACF Mathβ’5 minutes
- Autocorrelation (I)β’4 minutes
- Autocorrelation (II)β’7 minutes
2 readingsβ’Total 20 minutes
- Correlationβ’10 minutes
- Autocorrelation Calculatorβ’10 minutes
2 assignmentsβ’Total 55 minutes
- Correlation with Time Seriesβ’45 minutes
- Practice Quiz: Autocorrelation and Stationarityβ’10 minutes
1 discussion promptβ’Total 10 minutes
- Shifting and Resamplingβ’10 minutes
In this module, we'll start by reviewing some of the basic concepts behind linear regression. Then, we'll extend this knowledge to feed into lagged regression, an effective way to use regression techniques on time series. Once we have a solid foothold in basic and lagged regression, we'll explore modern methods such as ARIMA (autoregressive integrated moving average). All of this is building the framework for more advanced machine learning models such as LSTMs (long short-term memory network).
What's included
4 videos1 reading1 assignment1 programming assignment1 discussion prompt1 ungraded lab
4 videosβ’Total 18 minutes
- Module Introductionβ’1 minute
- Lagged Regressionβ’5 minutes
- Autoregressive Modelsβ’7 minutes
- ARIMA Modelsβ’5 minutes
1 readingβ’Total 20 minutes
- Lagged Regressionβ’20 minutes
1 assignmentβ’Total 15 minutes
- Practice Quiz: ARIMA Modelsβ’15 minutes
1 programming assignmentβ’Total 90 minutes
- ARIMA Modelsβ’90 minutes
1 discussion promptβ’Total 15 minutes
- Autoregressive Models vs. Neural Networksβ’15 minutes
1 ungraded labβ’Total 10 minutes
- Programming Assignment Solutionsβ’10 minutes
In the final course project, we'll make demand predictions using ARIMA models.
What's included
1 programming assignment1 ungraded lab
1 programming assignmentβ’Total 120 minutes
- Course Projectβ’120 minutes
1 ungraded labβ’Total 30 minutes
- Programming Assignment Solutionsβ’30 minutes
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