Sales Forecasting for Better Planning - (With Simulation)
Do you need to forecast your sales? Is it important for you to plan ahead of time for production or ordering, workforce, and to finance your predicted sales? Or are you a marketing manager who needs to know how many units of a product you will sell under current marketing programs in order to know whether deploying further efforts is necessary? Are you aware that there might be an increasing or decreasing trend, or seasonality, in your sales? Do you know how to quantify and use those trends and seasonality to make accurate forecasts?