ExpressionEngine CMS
Open, Free, Amazing

Thread

This is an archived forum and the content is probably no longer relevant, but is provided here for posterity.

The active forums are here.

inventory forecast function

January 25, 2009 9:26am

Subscribe [3]
  • #1 / Jan 25, 2009 9:26am

    opawapo

    1 posts

    i’ve been at it since the beginning..i’m having a huge problem of creating such a program without any records from their previous inventory because they dont keep such things..well, can anyone provide any suggestions?even help?..thanks

    opawapo

  • #2 / Jan 26, 2009 2:22pm

    Tom Schlick

    386 posts

    inventory forecast? like how much stock of soemthing you will have on X day? for this you will need to start by collecting data. then when you have say 2 cycles of the data then you take the average (or a more complex algorithm) and use that. you cant predict anything without previous data.

    thats like trying to guess how hot it will be on 3/12/2040 @ 03:45 in Hong Kong.

  • #3 / Jan 26, 2009 6:11pm

    Nick Husher

    364 posts

    Start collecting data, then run that data through GnuPlot or similar to extrapolate into the future. To make worthwhile predictions, you’re going to need months of data, though. I can’t remember my statistics well enough to say how many samples you’d need to predict with high confidence what the inventory of a particular item will be in a particular time in the future, though.

.(JavaScript must be enabled to view this email address)

ExpressionEngine News!

#eecms, #events, #releases