16. Between 1997, and 2020, CPI inflation was an average of 2%. What is a Reverse Forecast? A Reverse Forecast works almost the same way as a Straight Forecast, but the difference is that both your horses can finish either 1st or 2nd. The term “forecast betting” can be used generally to cover a range of related bets, including reverse forecasts, tricasts, combination tricasts and more, but here we will focus on the. Backward scheduling (also known as reverse scheduling or Just-in-Time manufacturing) means that production orders are scheduled according to the clients’ requested delivery dates. Indeed, people in the Great Lakes, Ohio Valley, Midwest, and south central states should expect more rain than normal this spring. NOAA Tide Predictions. Reverse. Current. Today’s 7-day forecast is as accurate as the 3-day forecast was in the 1980s, an improvement that blows away any smaller uncertainties arising from climate change. 5% as of mid-October, but expect rates to fall to 6. Forecast target price for 11-27-2023: $ 0. According to present data Ascent Solar Technologies's ASTI shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Argentina's libertarian President-elect Javier Milei has won a closely fought election. In forward logistics, there is a single origin and multiple destinations. Add this file to your. They are located on the left panel of the chart. What is a reverse bet? Reverse bets allow you to make your if bet with reverse action, meaning you have two wagers placed both ways. For example, if deploying on Superset directly on a Linux-based system where your. Put in perspective, it’s important to remember that mortgage interest rates have. Forward Logistics. The mirror showed us a reverse view of the scene. Reverse Engineering Service Market Report with Executive Summary, Size, Analysis and Forecast to 2023-2031 The fourth and final step is to reverse the differencing to obtain the forecasts on the original scale. Thanks - quicker than @gsk3's method but similar. LINEAR function. The global reverse logistics market valued $635. The global reverse transcriptase market size was USD 286. In order for a 1-for-9 reverse split to take MULN above $1, MULN must have a pre-reverse split price just above 11. NAVIGATE. The Reverse Forecast is a bet on two runners finishing 1st and 2nd in one half and the reverse in the second half of the bet. Many functions in the forecast package for R will allow a Box-Cox transformation. The yield curve can be a great resource in determining the future of the U. 1 The baseline forecast is being published now, rather than later with the budget projections, to provide the Congress with CBO’s current assessment of the economic outlook in a. Fiat currency and metal markets have less volatility and set of data variables compared to. This is not to be confused with the rolling mean model,. Spring in Canada can be a trying season filled with slush, mud, and a surprise snowstorm or two. For example, a £1 reverse forecast on dogs five and six will. As such it is two straight forecasts, for example: 1:20 Lingfield Tommy’s Boy Fred’s Lad. You will have to stake twice to set a reverse forecast bet. It is effectively two straight forecasts with opposing predicted results meaning the stake is double compared to a Straight Forecast. We can obtain ex ante forecasts of yt+1, yt+h as follows: 1. Reversed Forecast – A reversed forecast (or RFC) is two bets involving 2 selections in the same race finishing 1st and 2nd in either order. Then the buyer concludes a contract with a bank or a reverse factoring provider in which the conditions are specified. How Many Bets In A Lucky 15 Forecast? A lucky 15 forecast is a type of combination forecast, in which the player chooses 4 racers and puts a selection of bets on them to try and cover a broad. Pricing: Starts at $17. Summary of Economic Projections. Request for your Free Sample PDF/Online. Reverse forecast. Here’s how to place a reverse forecast bet: 1. Established large businesses with many investors and lenders are more. the reverse forecast and the combination. A non-linear line regression would be the least relevant data for the linear forecast. Reverse Vending Machine Market Outlook 2031. Our Acquisition Planning Forecast System can help you identify procurement opportunities early in the acquisition process. What is straight forecast vs reverse forecast? When placing a forecast bet in the UK, there are two main types of forecast bets to choose from – straight forecast and reverse forecast. I questioned this telling them if I had bet on. The following functions reverse a object and a forecast object. While most aftershocks are smaller than the mainshock, they can still be damaging or deadly. Negative dynamics for Mullen Automotive shares will prevail with possible volatility of 8. 95/month. Reverse logistics is a process that consists return, reuse, recycling, or disposal of products and materials. Best reverse phone lookup service for affordability . Quontic Bank. Anyone interested in doing business with the government can. What is the purpose of a cash flow forecast? Predicting future cash flow is a top priority for any company, as it helps you optimize your cash position, prepare for future cash flow problems, and make better-informed decisions. Dollar / Yen price online today. CocoFinder is an easy-to-use reverse phone lookup service where all you have to do is to provide the website with the number and you’ll be able to identify the identity of the caller. Unlike a straight forecast. Forecast Period. Current net principle limit is $162,883. A straight forecast bet is a betting scenario in which you select two participants in a single sporting event and state the specific order in which they will finish, first and second. Step 3. 35 percent in the fixed-rate repo window, but it takes only a maximum of Rs 2 lakh crore in that window. The benefits of forward scheduling are high capacity utilization and ease of use. The market exhibited an 8. A line of credit that can be accessed until it runs out. Notably, the upgraded forecast came on the same day that China announced weaker-than-expected export growth. I. Logistics demand forecasting is the process of accurately anticipating the demand for products, services, and shipments throughout the supply chain. 46% APY. The report also. Throughout the remainder of 2021, the XRP to USD chart suffered fluctuations, rising as high as $1. 75% terminal rate for the rest of the year. Spring 2023 Weather Forecast – Canada. It forecasts upcoming Reverse Logistics Market trends and changes in consumer behavior. S. 3 Billion by 2028, exhibiting a growth rate (CAGR) of 11. Horse racing AI software is a type of computer program that uses artificial intelligence (AI) techniques to analyze data related to horse racing, including race results, track conditions, horse pedigrees, jockey and trainer statistics, and other relevant information. Partly cloudy. 6 Backcasting. "Reverse Engineering Service Market" Research Report 2023 offers statistical information about the market's past and present conditions, production costs, volume, share, size, and growth. Interest rates are expected to start coming down. 88% and 15-year fixed rates at 3. A forecast bet generally applies to horse racing and dog racing. Such a forecast history returning a value greater than 4. Klein Award for Blue Chip Forecast Accuracy. . S&P 500 Periodic Reinvestment Calculator (With Dividends) Investing. 8 Billion by 2028, exhibiting a CAGR of 5. Growth Factor. Global Reverse Logistics Market size is expected to grow at a CAGR of 9. 256k 17 203 342. Also, a reverse mortgage is a. Intuitive Surgical stock has pulled back a bit from pre-split highs on fears of a Delta Variant revenue pullback. The difference with the reverse forecast is your two selected greyhounds can finish first and second in any order. FORECAST calculates future value predictions using linear regression, and can be used to predict numeric values like sales, inventory, expenses, measurements, etc. Mixed data sampling (MIDAS) regressions explain a low-frequency variable based on high-frequency variables and their lags. Equal monthly payments for a fixed period of months agreed on ahead of time. Simply put, it’s the process of moving goods from their final destination back to the supplier. A £1 RFC = 2 x £1 unit stake = Total £2. The global Reverse logistics market size was valued at USD 514451. gov. py. It costs twice more than a straight forecast. Reverse logistics refer to moving products and materials back into the supply chain post-delivery. The manager as well as the forecaster has a role to play in technique selection; and the better they understand the range of forecasting possibilities, the more likely it is that a company’s. The cone indicates the forecast up to five days out from the last recorded position of the storm. Here are several examples from a range of industries to make the notions of time series analysis and forecasting more concrete: Forecasting the closing price of a stock each day. To accomplish this, it would be ideal for manufacturers to implement a forecasting model to predict capacity. Below, we explain this rare. Synonym Discussion of Forecast. Estimation: Using your sample {y1. Chapter 10: Manufacturers' Outline, covering the company's basic information like headquarters, contact information, major business, Reverse Vending Machines Market introduction, etc. The National Australia Bank’s ( NAB) CPI predictions also expected Australia’s annual inflation to accelerate to 7. Add. Map a cone of uncertainty, he advises, look for the S curve, embrace the things that don’t fit, hold strong opinions weakly, look back twice as far as you look forward, and know when not to make. Reverse Forecast. In this example n = 3. and more. These scenarios are not Federal Reserve forecasts. Order Report. A budget (for that particular time period, generally a fiscal year) is static. Reverse forecast: EGP - USD. ETS (target_date, values, timeline, [seasonality], [data_completion], [aggregation]) Where: Target_date (required) - the data point for which to forecast a value. Forecast. In 2021 its stock price ranged from 88 cents to $5. 8% between 2022 and 2027. 4. Multiple factors are taken into account at any given moment, and the SCMS can adjust the minimum required inventory as necessary. PacIOOS' ocean circulation. For each-way bets select the tick box on the right of the page if your selection has. The signal is the predictable component, and the noise is what is left over. Reverse Logistics Market. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for. It can be used for. Forecast Period: 2023 - 2028: Estimated Market Value (USD) in 2023 $ 696. 80 Mexican Pesos. In 2022, the Reverse Logistics Market reached USD 730. Forex Forecast and Prognosis. 98 million by 2028. DUBLIN, March 1, 2022 /PRNewswire/ -- The "Reverse Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets. The length of the forecast period will be a judgment that should “work together” with all other judgments that contribute to the credit losses. Matthias Clamer/Getty Images. The reverse/reversed forecast is a bet offered by bookmakers involving punters picking the first two horses home, this time in any order. 2% through the forecast period. S. Combination Forecasts. [ 0, p] are the regression. Claims surprised on the upside las week but were expected to decline from 264K to 252K. OpenStreetMap node coverage. When placing a Reverse Forecast, you are betting on which horses will finish either 1st or 2nd in 1 race on 2 betslips. A reverse forecast, also known as a dual forecast, is a type of bet that requires you to pick two selections in a race and predict which of them will finish first and second, regardless of the order. The Reverse Forecast is a bet on two runners finishing 1st and 2nd in one half and the reverse in the second half of the bet. It can help both vendors and buyers in optimizing their working capital. You can reverse the entries with a debit entry to the equipment expense. The COVID-19 outbreak proved very drastic for a variety of businesses and forced governments across the globe to implement strict lockdowns and led to social distancing being made mandatory to contain. Here are 5 sample employee recognition letters that could be sent personally as a note or publicly on your employee recognition platform. The global expansion of e-commerce businesses and the increasing frequency of returns and replacements of products have propelled the demand for reverse logistics services. Sandbagging bias: This is the reverse of the above and I have seen this where well-meaning executive have created a system of bonuses based on exceeding the forecasts,. Among other things, the contract contains information about the fees for the. Find Your Chosen Race Meeeting. Initially reserved to those who would bet on horse and greyhound races, it’s now popular among football and tennis fans. Forecasting is a tool used to make those allocations. 43 race. 4. Greg McBride, CFA, Bankrate chief financial analyst, expects 30-year mortgage rates to drop to 5. ; race condition - A race. 1. Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19. In conjunction with the Federal Open Market Committee (FOMC) meeting held on September 20-21, 2022, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2022 to 2025 and. exp (cumsum (Yhat) + log (april98Y)) where april98Y is the value of the original series Y in levels in April 1998. Reverse factoring is a type of supplier finance solution that companies can use to offer early payments to their suppliers based on approved invoices. One of the potentially profitable forecast bets in sports betting is the combination forecast. 50% despite the fall in the inflation rate to 4. So if you bet on horse A to finish 1st and horse B to finish 2nd in. Find out about the simpler versions of the straight forecast and reverse forecast in the following guides. In Excel 2016, the FORECAST function was. Specifically, exports (evaluated in US dollars) fell 6. Remember to always keep R. The combination forecast is certainly the most complex forecast bet. Opposite, contrary; going in the opposite direction. After kicking off 2023 at 6. On 12/1/2022, the FHA announced it would increase HECM reverse mortgage lending limits to an all-time high of $1,089,300. Traditional or forward logistics deals with the flow of products from the factory to the consumer. This Jet Fuel Price Monitor provides the latest price data from the leading energy information provider Platts. It’s a bet players who are confident about the first two horses leading usually go for. See moreWhat is a reversed forecast bet? Learn all about reversed forecast bets, how they work and how to calculate returns on your winning bets. Measure and track forecast accuracy. This allows founders to better project cashflow requirements on a month to month basis and adjust their activities accordingly. At the most basic level, a cash flow forecast can estimate if you will have a positive cash flow (meaning more cash is coming into the. moving in a direction opposite to the usual direction. Unless you are using the forecast function's bootstrap = TRUE option the forecast package's ARIMA intervals are calculated by passing an ARIMA object to predict (). 18% during the forecast period of 2030. How many bets is a reverse Tricast? A reverse forecast involves you predicting who. A combination of a line of credit and fixed monthly payments. The. Viewed 1k times 3 $egingroup$. A reversed forecast bet - sometimes abbreviated simply to RF - is almost exactly the same as a straight forecast bet, but with one notable difference. This depends on the organization that is calculating the forecast. ABC News is your trusted source on political news stories and videos. A reverse forecast bet, on the other hand, allows punters to select any two participants they think are likely to finish at the top in a race, in any order. Reverse Osmosis Chemicals (RO Membrane Cleaners) Market Overview and Insights: According to IMR Market Reports, Reverse Osmosis Chemicals (RO Membrane Cleaners) Market is expected to grow at a significant growth rate, and the analysis period is 2023-2030, considering the base year as 2022. Change the color for a value. Freddie's Nov. Reverse stock split: Also called a. You should also allocate and manage your resources, such as your staff, equipment, vehicles, and technology, to ensure that they are sufficient, flexible, and responsive to the changing returns. 8% year-on-year growth between 2022 and 2023. What is a Reverse Forecast Bet? While very similar to a straight forecast bet, the reverse forecast lets you wager on two horses but they can finish 1-2 in either order. Also known as a Quinella. "Reverse Engineering Service Market" Research Report 2023 offers statistical information about the market's past and present conditions, production costs, volume, share, size, and growth. Some large investment banks including JPMorgan and Goldman Sachs. The syntax of the Excel FORECAST. 5% from 2024 to 2030. According to the paper " An Overview of Some Reverse Logistics Practices in the United States " by Olorunniwo and Xiaoming 2011, - Reverse logistics cost is less than 5% of total logistics cost. 3 billion at a CAGR of 5. In 2021 its stock price ranged from 88 cents to $5. Multiple factors that enter into the assessment to make it highly subjective include: assessing whether the weight of available evidence supports the recognition of some or all of an entity’s deferred tax assets; determining how objectively verifiable an individual piece of. Winds north to northeasterly 15 to 25 km/h shifting south to southwesterly 15 to 20 km/h in the late afternoon. The Fed is set to reverse course in 2024 Interest rates continued to tick higher in 2023 although at a much slower pace, and the Federal Funds rate now stands in a range between 5. currency you have staked. This takes into account even the most uncontrollable conditions or circumstances. An easy-to-use forward and reverse geocoding API. Such a reversal has occurred with the current event. A reverse repurchase agreement (known as reverse repo or RRP) is a transaction in which the New York Fed under the authorization and direction of the Federal Open Market Committee sells a security to. The Excel FORECAST function predicts a value based on existing values along a linear trend. The. 41, change for December -2. On Aug. Once you have your account set up and ready to go, then you are ready to start placing reverse forecast bets and other wagers. The growing requirement for RO membrane in water. 4% in October from a year earlier. For example, by analyzing the recent sales numbers, you can determine the cash flow trend and understand how your business has performed and is currently performing. At. ETS is as follows: FORECAST. Read what to know about ISRG stock here. 713). Most of the companies execute this program every month or quarterly or yearly basis. This makes the Reverse Forecast a combination of two straight forecast bets: one for the chosen participant A to finish first and participant B to finish. Budgets allocate funds. A straight forecast is where you predict the exact finishing order of the first two horses. In reverse factoring, an agreement is first made between the buyer and the seller, because the seller must agree to payment through reverse factoring. 2. Suppliers participating in a reverse factoring program can request early payment on invoices from the bank or other finance provider, with the buyer sending payment to the financial institution. [from 19th c. If your function returns an inaccurate result, consider whether or not your dataset is a linear or non-linear line regression. The July CSU forecast for the remainder of the Atlantic hurricane season calls for 18 named storms, including the four that have already formed. The model generates nowcasts of monthly inflation, and these are combined for nowcasting current-quarter inflation. About NOAA Tide Predictions. 1 Market Overview 5. The forecast bet is a shining example of wager that has transcended sports. Reverse forecast betting does this by placing two single forecast bets to go both ways. 0 Billion in 2022. 3 Global Reverse Vending Machine (Rvm) Sales Volume, Revenue and Price Forecast by Type (2023. A reverse forecast is a type of bet where you predict the first and second places in any order. Reverse Forecast – As you may have guessed, the reverse forecast is just a variation on the straight forecast bet. You should also allocate and manage your resources, such as your staff, equipment, vehicles, and technology, to ensure that they are sufficient, flexible, and responsive to the changing returns. Carey School of Business, recognizes the ESR Group's outstanding macroeconomic forecast work for the four-year. How many bets is a reverse forecast? 2 bets A Reverse Forecast consists of 2 bets that requires you to predict which selections will finish 1st and 2nd in any order. 1111111111-1. 4 % over the forecast period. The meaning of FORECAST is to calculate or predict (some future event or condition) usually as a result of study and analysis of available pertinent data; especially : to predict (weather conditions) on the basis of correlated meteorological observations. 8% year-on-year growth between 2022 and 2023. Smoother production plans d. When adjust=True (default), the EW function is calculated using weights w i = ( 1 − α) i. The reverse forecast is where you need to select two horses to finish in first or second place in either order. Reverse Forecast – As you may have guessed, the reverse forecast is just a variation on the straight forecast bet. Trading Economics expected PayPal to trade at $81. Get the latest coverage and analysis on everything from the Trump presidency, Senate, House and Supreme Court. March 08, 2022. Looking forward, IMARC Group expects the market to reach US$ 7. You can change them in the menu that opens with a double. This is the simplest way to place a forecast bet, you choose the winner, choose the second placed runner, and pay one unit stake for the wager. Page 1 of 2. S. dollars in 2021. This is the simplest way to place a forecast bet, you choose the winner, choose the second placed runner, and pay one unit stake for the wager. For example, a Forecast wager on the US Open Golf tournament would be if you select Rory McIlroy to win, Tiger Woods to come second and Dustin Johnson to finish third. It can be easy to place but challenging to win. Reverse Engineering Service Market Report with Executive Summary, Size, Analysis and Forecast to 2023-2031The fourth and final step is to reverse the differencing to obtain the forecasts on the original scale. 28 and Trap 1&2 in the 18. USD-BDT USD Dollar - Bangladeshi Taka. Please send APFS inquiries via email to apfs-inquiries@cisa. The intervals assume that residuals are normally distributed . 18. An accurate inventory forecast is invaluable, especially in times when supply chains and consumer demand are changing rapidly. And this season promises to comply. 111. to a reverse forecast shows a basic misunderstanding. Simpler patterns usually lead to more accurate forecasts. The FORECAST. 0 Billion in 2022. As of now, RBI pays 3. For release at 2:00 p. Select the forecast tab from the markets at the top of the racecard 2. in the back of your mind when writing a recognition letter, and make an effort to ensure each message is both specific and encouraging. The same, somewhat secretive and confusing, calculations are used for this bet. What Is A Reverse Forecast? When you place a forecast, you have two possible options. The reverse stock split, authorized. 406 at 2023-11-21 (today's range: 110. Overnight repo rate is the interest rate at which different market participants swap treasuries for cash to cover short-term cash needs. Chapter 3: Reverse Transcriptase Market Historical (2023-2030) and Forecast (2023-2030) Volume and revenue analysis of Reverse Transcriptase Market in North America, Europe, Asia-Pacific, Latin. USD to MXN forecast for January 2024. If you’re unsure about how they work on a particularly betting site always check their betting rules before placing your bet. Reverse. Updated: 2023-10-23 USD/EGP price online today. The demand for reverse logistics services to enable unhindered client satisfaction is growing around the world as manufacturers become more aware of the need to reduce negative environmental impact. The Reverse Forecast is a bet on two runners finishing 1st and 2nd in one half and the reverse in the second half of the bet. Nine are predicted to become hurricanes and four. com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”. A reverse forecast is a bet in which you predict the first and second-placed finishers in an event in any order. Business forecasts are often wrong — and yet they can still be a powerful tool for savvy leaders if they view them in aggregate and ask the. It is a bet that the two selections. 2018-2023. Forecasting is a tool used to make those allocations. If you aren’t so sure which horse (or dog, runner, driver, et cetera) will win but you are convinced you can name the top two then a reverse forecast is the bet for you. Your two selections must of course both finish within the top two places for your bet to be a winner, but they can do so in either order. A straight-forecast is predicting the first two in the correct order, a reverse-forecast is predicting the first two in either order – something that would cost you double your stake. Most bookmakers offer reverse forecast bets. Aftershock Forecast Overview. 5% in the final quarter of 2022, from 7% in the previous quarter. Divide by decaying adjustment factor in beginning periods to account for imbalance in relative weightings (viewing EWMA as a moving average). 3894 at the start of September 2021 and dropping as low as $0. 87 million in 2022 and is expected to expand at a CAGR of 4. Our report on the Global Reverse Logistics market provides a comprehensive overview of the market, taking into account market size, competitive landscape, key players, and forecasted growth rates. Navigate to the reverse forecast odds 3. This blog will help to you to understand the require steps to preform in S4 Hana Finance in depreciation run program. The Forecast Linear function is an Excel formula using a linear line function 's X and Y values to determine its forecasted point. After a year-long dip, household cash flow will begin growing again right after Christmas, and accelerate through the new year, according to. That is, a holder of 10 shares of AMC now owns just one share, but the share price got multiplied by 10. Written by: PK. There are four advantages to this approach: 4. 2 Global Reverse Vending Machine (Rvm) Sales Volume and Revenue Forecast, Region Wise (2023-2028) 7. Go to the website at BoyleSports and select Dogs from the list of sports. 7% from 2018 to 2025. The forecast is a special bet where a punter tries to predict the 2 horses to pass the finish line. How do you calculate reverse forecast trebles? It is the same as trebles. On a normal loan, such as a mortgage, borrowers must repay a specific principal amount each month plus interest. For example, if you place a reverse forecast bet on Horse A and Horse B in. Interest rates and stock prices tend to have an inverse relationship. If the probability of such a scenario is unacceptably high, the exercise reveals a significant risk of failure. Authors. 25% during the forecast period. Reverse factoring is also referred to as supplier finance or supply chain finance, and is a fintech solution that helps in mitigating the adverse impacts of prolonged payment terms. This involves adding back the previous values of the original series to the predicted values. Forecast configure-to-order products. The Farmers’ Almanac’s spring forecast calls, in general, for a wetter than normal spring across much of the U. Double the odds of winning big with the reverse forecast bet. How many bets in a Union Jack Patent? A Union Jack is a permed Patent bet comprising eight Patent bets placed using nine selections in combinations matching a grid of the selections overlaying a Union Jack flag: 1-2-3, 1-4-7, 1-5-9. com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”. 5%. Forecasting is the use of historic data to determine the direction of future trends. This involves adding back the previous values of the original series to the predicted values. What is a Reverse Forecast? A bet on two selections to finish first and second in a race, regardless of the order. 278%. A reverse forecast bet is a combination forecast bet where you choose which selections will finish first and second in a selected race. Getting forecasts right requires a mix of data analysis, experience in the industry and customer insights to metaphorically peer into the crystal ball and predict future demand. How to use forecast in a sentence. ggplot2. Exports. 00. 8% during 2023-2028. The beauty of this is that you don’t need to select the correct order for this be a winner. Python reversed() method is a built-in method that returns an iterator that accesses the given sequence in the reverse order. Forecast. The Project accountant can review item forecast records in finance and operations apps by going to Project management and accounting > All projects > Plan > Item forecasts. A reverse bet (also known as an action reverse) is a set of if-bets going both forward and in reverse order. Spokeo. The cost of one unit of reverse forecast bet is two units of. Drawing tools. Market Value (2032) US$ 2,924. 6 billion by 2033. With forward logistics shipping, a sales forecast is used to project the. The global expansion of e-commerce businesses and the increasing frequency of returns and replacements of products have propelled the demand for reverse logistics services. This is where you forecast future values using some linear weighted combination of previous observed values of that time series.