Managers in a manufacturing environment often must forecast the amount of inventory and supplies needed to meet demands. The use of forecasting assumes that past trends will continue with little ...

The accuracy of weather forecasts produced by AI models beat meteorologists’ contemporary methods. But how they work is a bit of a mystery.

The Fed paper found that Kalshi's markets provide data that's "valuable to both researchers and policymakers." ...

Job forecasters, such as those who work for the U.S. Bureau of Labor Statistics, examine data to predict future employment trends. Businesses go through cycles of upward and downward trends and are ...

A peer-reviewed industry survey highlighting gaps in traditional demand forecasting and the role of AI in new product ...

Far too many SMBs seem to get surprised by changes in the marketplace because they don't take advantage of a forgotten skill: forecasting. The rub is that many entrepreneurs and SMB owners say they’re ...

The partners in Lantern, a machine learning software firm focused on product distribution, pitched the technology to HVACR ...

A few years ago, a large travel-management company ran an experiment. Three of its North American branches would try out a new way of running the business. The rest would continue as before. After ...

During the preclinical stage, the focus of forecasting is not necessarily on the product itself, but on the broader opportunity within the disease area. At this point, there is limited information ...

Billions of dollars’ worth of cancer drugs are discarded each year. Manufacturers must refund Medicare for some of this waste ...