The enclosed example shows a possible application of BOARD Predictive Analytics Engine (B.E.A.M.).
The Business Case proposed is applyed in a retail context and describes how to obtain an automatic forecast and assess the future visitors in a store.
Visitors' projections are calculated for the following 12 months in two different scenarios:
- Basic: Forecast is calculated only based on historical data;
- With Covariate: Forecast is calculated based on historical data and a covariate (in this specific example: Average price).
For further information on Predictive Analytics refer to the following link:
- Download the attached zip file
- Extract and copy the .hbmp file in C:\Board\Database
- Extract and copy .cpsx in C:\Board\Capsule