1 minute to read - May 5, 2023

Forecasting Accuracy

ChatGPT can help improve the accuracy of demand forecasting. By training the model on historical data and feeding it with real-time information, ChatGPT can predict future demand with greater accuracy. For example, a conversation with ChatGPT could be:

User: ChatGPT, what is the forecasted demand for product X in the next quarter?

ChatGPT: Based on historical sales data and market trends, I predict that the demand for product X in the next quarter will be around 10,000 units.

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