Note: The trelliscope plot displays with blogdown would not have been possible without Yihui Xie’s lightning fast help. Not only did he implement the fix (in an afternoon), but documented/provided 2 options to fixing the trelliscope display issue. Thank you so much Yihui.
“We would like to increase our revenue, so can we raise the price of Product”X""? A question I’m often asked during Financial & Forecasting Fiscal Year Planning cycles. Using pricing as one of the levers to maximize revenue or profit margins is one of the challenging decisions businesses have to make. For offerings already in the market, how does a business determine if the pricing is right or optimal without the guesswork or intuition?
Having used Rob Hyndman’s forecasting package in R, I decided to give Facebook’s Prophet package a spin and do a comparison of the results.