Question

Example of demand forecasting by time series

Answer 1

In the time series method of forecasting , past data are arranged in chronological order as dependent variable nd time as independent variable . based upon these past data we need to project the demand in future.
there are also various method to find forecasting with the help of time series
for e.g. (1) past average
2) simple moving average
or, moving average
3) weighted moving average
4) exponential smoothing

I hope this will help you....