Forecasting Model Report

Through our process of using data analysis and comparisons of the different types of analysis that we could use we found little discrepancy between the methodologies. The data that we analyzed garnered different results throughout, however our testing remained consistent overall. <Tab/> The purpose of this analysis was to forecast sales for the nest year using regression analysis, weighted analysis, moving analysis and absolute average analysis. Then we agreed on that …

…seasonal or influenced by marketing or economic trends. An overall view appears that numbers fall toward the end of their fiscal year, however not dramatically and then leads back into the norm at the being of the year. An stepped up forecast would need to be made if the trends in any one area are enhanced by sales and analyze and growth or weakness areas which could help aid in updating and enhancing company information.