Forecasting involves predicting future outcomes or trends based on historical data and patterns. By analysing past data and applying statistical techniques, businesses can make informed forecasts for sales, demand, market trends, and resource allocation. Accurate forecasting helps organisations optimise operations, plan strategies, and make data-driven decisions.
Genetic Algorithms are optimisation techniques inspired by the principles of evolution. By mimicking natural selection, Genetic Algorithms explore a large search space and find…