been struggling on understanding this until i came to this video, thanks dude
@DeezohPlay-yu8rc11 күн бұрын
perfectly explained
@memewolf771914 күн бұрын
Thank you this helped. Need more people like you👍
@aastharamudamu707516 күн бұрын
You’re just great
@lemuelvincent1165Ай бұрын
The best and the clearest explanation, man thankiuuuu so much!!!
@mikasaackerman1863Ай бұрын
çok teşekkürler hocam
@akhilkrishnan.s9021Ай бұрын
can you please upload a video on wagner whitin algorithm..how its used in excel for lot sizing and other calculations?
@1243mikebАй бұрын
Thank you very much! Just what I was looking for. Super helpful!
@GhostofSparta-o8yАй бұрын
How would you explain "de-seasonalized sales"
@mcanbolatАй бұрын
It is the expected sales for each month if there was no seasonality.
@ie95_MohАй бұрын
Hello, Assalamualaikum Dr. Mustafa, I think there is a mistake in the predessesors of this example. I tried to to draw the network but I cannot because overlapping! You said: Activities D,E their predecessors C, then you come back to C again by saying that activity G also must come after C! Have you tried to draw the network graph, I think there is something unusual😅. The graph will not be consistence.
@mcanbolatАй бұрын
Salam, this is a bit of complicated graph but there are no logical violations as far as I can see. You can try MS Project to draw a network diagram or a Gantt chart to confirm.
@anderbishi1122Ай бұрын
Is this sales in amounts and not quantities sold?
@mcanbolatАй бұрын
It could be either.
@Username-de1gqАй бұрын
thank you this was helpful
@tstan8121Ай бұрын
Extremely useful and enlightening. Thank you!
@BdulmajeedShlewiАй бұрын
so the greater the duration is critical path ?
@mondae747Ай бұрын
Quick question - in your explanation you said you have calculated the intercept and slope of de-seasonalised data but the calculation was based on the named range "sales" which is the original data set? should it be calculated of the de-seasonalised or the original data set?
@mcanbolatАй бұрын
Good catch! Thank you. I was not aware of that. I did some analyses before and there was not a significant difference between finding the trend before or after deseasonalizing data in terms of the mean squared error or any other error measure.
@mondae747Ай бұрын
@@mcanbolat thanks for the reply. I noticed the same. Just wonder whether it would be significant if population was large enough. Also I was playing with Rand() in the formula . When i adjusted (Rand()*(0.05-0.95)+.95) it increased the fit of the forecast. Basically pushed the random error within 95% confidence interval.
@MinesweeperXАй бұрын
Shoutout bro, thank you so much!!!
@ie95_MohАй бұрын
Sir why did you remove the first part video of this topic?!!!
@mcanbolatАй бұрын
Hi I did not remove anything. What first part?
@ie95_MohАй бұрын
@@mcanbolat I mean this video: kzbin.info/www/bejne/fovQg2ScmN5ngdksi=PXL9UKvH9bUfLrqE Is there any mistake on it??
@mcanbolatАй бұрын
I recently deleted some of my unlisted videos that I use in my lectures, but I may have deleted this one by mistake. I am not sure what video it was though.
@ie95_MohАй бұрын
@@mcanbolat Yes sir, it is an important one, I hope you can upload it again. Regarding: what video is that?! Well, it the same as this video's title, but it is PART 1; meaning that you gave some introduction about the topic and theoritically explained it, then in part 2 (which is this video) you illustrated it by a numerical example. So, the first video (part 1) is important sir, because as introduction to the topic
@ie95_MohАй бұрын
Ouh yeah I remember now, It is about markov or something like that👌👌
@Hiddenman112Ай бұрын
Super clear man
@ajithaabalaji8757Ай бұрын
From where can we get the data set sir?
@mcanbolatАй бұрын
In the descriptions.
@lincolncreidt49992 ай бұрын
Hi, I noticed that some of my SKU forecasts are showing negative values, and I’m unsure where I might have gone wrong. For example, I have 21 months of sales data from January 2023 to September 2024: 35, 56, 81, 102, 34, 202, 174, 38, 166, 101, 19, 70, 43, 46, 30, 15, 32, 19, 28, 21, and 10. When forecasting from October 2024 to December 2025, starting in February 2025, all the forecasted values turn negative. Could you please advise on what I might be doing incorrectly?
@mcanbolat2 ай бұрын
Hi, they are not incorrect. Because the numbers are close to zero, it can easily go to the negative side especially if there is a negative trend. You can assume them to be zero. You can also try other forecasting methods if there is no seasonality or trend. Moving averages may work.
@renatofarias412 ай бұрын
Great vídeo!!! Thanks for sharing your knowledge.
@ie95_Moh2 ай бұрын
Hi Mustafa, Please make videos about: Forecasting using Monte Carlo simulation. Do not forget to show the MAD and MSE. It will be a nice adding to us besides your videos about the normal forecasting. Thanks. ✋❤
@24.ផនពន្លឺ2 ай бұрын
I see SKU1...SKU100 . Is it different SKU?
@KingGeshem2 ай бұрын
Given that there is no way to go through E without both B & C, shouldn't they both be included in all paths through E?
@VanessaKhosa-uf2rm2 ай бұрын
Thank you for this 🫶
@sajaibrahim23823 ай бұрын
STILL SAVIN LIVES IN 2024! MAN I WISH YOU THE BEST!
@mohsinashfaq1013 ай бұрын
Why not X-lookup function? Jk...
@mcanbolat3 ай бұрын
Sure. Some Excel versions do not have it yet. Also Index-Match can handle more complex situations involving tables.
@mohsinashfaq1013 ай бұрын
@@mcanbolat That sure is true, but all of these match functions fail when I use them with a custom function 🥲, idk why
@vishalkeshri20663 ай бұрын
❤
@kbythenewwave74293 ай бұрын
thx!!!
@AchooUsman3 ай бұрын
Can you share with us data file
@mcanbolat3 ай бұрын
The link is in descriptions.
@nnandan73 ай бұрын
Hello sir , is this possible to make a long form video about INFORM certification, covering aspect like what to read ,refer, practice to achieve the certification. Also if you will cover application process it will be great help. Thank you as always for your time and efforts
@mcanbolat3 ай бұрын
I took my CAP certification exam many years ago, unfortunately I don’t know how the exam looks these days. If you know the concepts associated with data analytics, optimization, and simulation, you should not have any issue passing the exam.
@nnandan73 ай бұрын
@@mcanbolat Thank you for response..
@abdullahiusman10703 ай бұрын
i thought the alphabets i written on the activity arrow and the nodes represents events, but in this tutorial video it is different
@snp57703 ай бұрын
Thank you sir
@NoTimeWaste13 ай бұрын
Best explanation to the point
@Gladys-y7l4 ай бұрын
Hello doc thanks this is very helpful, may i ask if the assigned senquencial time period be change to influence the increase or decrease of forecast to attain the wanted increase?
@mcanbolat4 ай бұрын
If I understood you correctly, that will be the slope of the trendline. The function we are using determines that.
@pinderant4 ай бұрын
Thank you so much. I was losing my mind, This is incredibly simple and easy to understand
@joserico89394 ай бұрын
excellent video... Question: where can I find the video of the implementation for 3 variables? Thank you so much
@brunostonner85494 ай бұрын
This looks like a heuristic to balance Master Production Schedule, or am i missing something?
@HarmanjyotDhillon4 ай бұрын
Brother thank u sooooooooooo much
@austinbright-j3o5 ай бұрын
I’d like to build the ‘forecast.ETs’ function in Excel manually for sales forecasting so I can control the smoothing constants. I can get close using the holt triple smoothing, but I can never get the exact answer as ‘=forecast.ETs’. Any idea what to do? I won’t get management buy in without proving ETS manually
@mcanbolat5 ай бұрын
This is what ChatGPT says but I am not sure if it is true: The FORECAST.ETS function in Excel utilizes the Exponential Smoothing (ETS) algorithm, specifically the ETS AAA (Additive Error, Additive Trend, Additive Seasonality) model.
@austinbright-j3o5 ай бұрын
@@mcanbolat yeah, that’s what I’m trying to implement. But I can’t tie it to the excel function
@mcanbolat5 ай бұрын
Use the solver to minimize the sum of the absolute differences between Excel’s forecasts and your forecasts by changing the parameters. You may be able to estimate the parameters Excel is using by default. I don’t think Excel is optimizing those per dataset.
@austinbright-j3o5 ай бұрын
@@mcanbolat yes, I use the solver. I’m still unable to reproduce the exact results of forecast.ets
@cfenech055 ай бұрын
This is gold! Thank you :)
@essokalaura5 ай бұрын
Best way to explain ever. Seriously you just help me for my exams
@EmmanuelJoseph-w2u5 ай бұрын
so hard to understand for someon who has no idea what the topic is about
@febegarrett33745 ай бұрын
Best video on youtube!
@raghavmurali38445 ай бұрын
very helpful thank you 😃
@jacklinewanjiru-n4s5 ай бұрын
And finally I have understood after such a long time,,,thank you so much
@fayezqadir71555 ай бұрын
Can u make a video on sales forecsating?
@mohamedyahia30696 ай бұрын
great
@RajuDc-ml5st6 ай бұрын
I Love you brooooo thanks for your help to understand problems ❤❤❤