---
title: "Discussion on \"Evaluation Metrics for Time series Forecasting.\" | Hashnode"
description: "Discussion on \"Evaluation Metrics for Time series Forecasting.\". Introduction\nForecasting plays a pivotal role in industry by providing critical insights and foresight. It enables efficient resource allocation, cost reduction, and demand planning. Industries rely on forecasts to optimize inventory, enhance supply ..."
url: "https://hashnode.com/posts/evaluation-metrics-for-time-series-forecasting/66bb21b206becfca8a89cd69"
---

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# [Evaluation Metrics for Time series Forecasting.](https://tash.hashnode.dev/evaluation-metrics-for-time-series-forecasting?utm_source=hashnode&utm_medium=feed)

Introduction Forecasting plays a pivotal role in industry by providing critical insights and foresight. It enables efficient resource allocation, cost reduction, and demand planning. Industries rely on forecasts to optimize inventory, enhance supply ...

Feb 4, 2024 · 13 min read · tash.hashnode.dev  
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[Tashwin SJ](https://hashnode.com/@Tash)

@Tash · Bengaluru

  
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