Video: Quantile Forecasts - Part 2

Published on by Joannes Vermorel.

Last week, we published the Quantile Forecasts - Part 1 video; here comes the Part 2. In the previous video, we discussed what quantiles were about. In short, it's a new way to look at the inventory optimization mechanism itself.

In Part 2, we provide some non-technical insights why quantile forecasts outperforms classic ones in three usual situations.

Video summary (7min46):

  • High service levels
  • Intermittent demand
  • Spiky demand

Don't hesitate to post questions in comments.

Categories: docs, insights, video Tags: insights quantiles video