Optimally reconciling forecasts in a hierarchy
This is an introduction to our approach to forecast reconciliation without using any matrices. The original research is available here:
The software is available in the hts package for R with some notes on usage in the vignette. There is also a gentle introduction in our forecasting textbook.
Cite
@article{foresight14,
author = {Rob J Hyndman and George Athanasopoulos},
journal = {Foresight},
pages = {42-48},
title = {Optimally reconciling forecasts in a hierarchy},
volume = {Fall 2014},
year = 2014
}