Category: Uncategorized
The Beauty of Backtesting
There is no such thing as a crystal ball. In fact, every forecast will be wrong. The real value in a forecast is having an accurate understanding of how wrong it will be. In other words, the real value lies in quantifying the uncertainty or risk associated with that forecast...
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The DecisionNext Finished Goods Index Report – June 2023
Elevated inventory levels resulting from high shelf prices are putting pressure on key commodities. Expect to see the index values of our covered finished goods continue to drop over the coming months. Are you tired of constantly monitoring the prices of various inputs and wrangling spreadsheets just to track the...
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The DecisionNext Finished Goods Index Report – May 2023
Are you tired of constantly monitoring the prices of various inputs and wrangling spreadsheets just to track the unit cost of your finished goods? Look no further than the DecisionNext Finished Goods Index Report. This monthly report features index-style reporting for three common menu items: hamburger, white bread loaf, and...
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Unlock Crop Price Forecasting
Crop price forecasting is a critical tool for farmers, traders, and other market participants to make informed decisions about buying, selling, and hedging crops. Machine Learning (ML) forecasting methodologies are being used to provide accurate and reliable crop price predictions. But what exactly is ML, and how does it improve...
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