METHODS, SYSTEMS AND COMPUTER READABLE CODE FOR FORECASTING TIME SERIES AND FOR FORECASTING COMMODITY CONSUMPTION

WIPO Patent Application WO2005124718

A3

Methods, systems and computer readable code for forecasting commodity consumption and for forecasting time series are provided. According to some embodiments, the forecasting includes deriving at least one population commodity consumption forecasting model from population historical consumption data, deriving an individual commodity consumption forecasting model for at least one individual of the population from at least one population commodity consumption forecasting model and from individual historical consumption data, and forecasting future individual commodity consumption for the individual using individual commodity consumption forecasting model. According to some embodiments, the presently disclosed forecasting includes forecasting future values of an individual time series within a population of time series, where each time series on the same domain. Thus, according to some embodiments, the forecasting includes deriving at least one population forecasting model from past values of the population of time series, deriving an individual time series for at least one individual time series forecasting model from past individual time series values and from at least one population forecasting model and forecasting future values of said individual time series using the individual time series forecasting model.

SOLOTOREVSKY GAD (IL)
PEDAN SVETA (IL)

PCT/IL2005/000654

May 26, 2006

June 19, 2005

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CVIDYA NETWORKS LTD (IL)
SOLOTOREVSKY GAD (IL)
PEDAN SVETA (IL)

G06Q30/00; G08C19/16; (IPC1-7): G06F17/60

US6745150B1

2004-06-01

See also references of EP 1763782A4

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