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Fashion forecasters look at what other designers are doing, and what people on the streets are wearing.
What else can I help you with?
Discuss the shortcomings of the percent of sales method of financial forecasting?
The percent of sales method of forecasting needs to based on a series of assumptions, and the forecasting would heavily relay on the percent of sales as the key tool for forecasting. Furthermore, the percentage of sales for the next period cannot prevent the forecasting result from the expectations of the investors.
What method of forecasting uses the effects of past weather conditions as part of its forecasting method?
analog method
What method of forecasting uses the effects of past of weather conditions as part of its forecasting method?
analog method
What is the oldest and most important method of forecasting the future?
Judgmental forecasting is the oldest and still the most important method of forecasting the future.
What method of forecasting predicts the arrival time of a storm based on its current speed and other starting variables?
Trends method
What has the author Kenneth O Cogger written?
Kenneth O. Cogger has written: 'Time series forecasting procedures for an economic simulation model' -- subject(s): Economic forecasting, Mathematical models, Time-series analysis
What are the advantages and disadvantages of time series analysis?
The advantage of time series analysis is that it is a very effective method of forecasting because it makes use of the seasoned patterns. The disadvantage is that it is costly because the forecasts are based on the historical data patterns that are used to predict the future market behavior.
What methods are used to forecast sales?
The five common forecasting methods are executive judgement, surveys, time-series analysis, regression analysis and market tests. Market characteristics, purposes of the forecast, type of product and the costs involved are a few factors that the effect the choice of method for forecasting sales.
What has the author O D Anderson written?
O. D. Anderson has written: 'Time series analysis and forecasting' -- subject(s): Box-Jenkins forecasting
What has the author Walter Vandaele written?
Walter Vandaele has written: 'Applied Time Seriest and Box-Jenkins Models' 'Applied time series and Box-Jenkins models' -- subject(s): Box-Jenkins forecasting, Economic forecasting, Mathematical models, Time-series analysis
Mention the method of sales forecasting?
There are many methods of sales forecasting. One method is to look at what has happened in the past and based on that, predict the future.
What method of forecasting predicts the arrival time of a storm based on its current speed and variables?
One method of forecasting that predicts the arrival time of a storm based on its current speed and variables is extrapolation. This method involves using the storm's current direction and speed to estimate its position at a future time. By continuing this trend, meteorologists can forecast when the storm is expected to arrive at a particular location.
