Q. I use Excel to do traditional linear forecasting, but I would like to upgrade to exponential smoothing for more accurate forecasts. Is there a way to do this in Excel? A. Accurate forecasting is ...

Microsoft Excel is a useful tool for tracking data. By providing past sales data and other factors that affect your sales, you can use Excel's Forecast function to forecast future sales numbers. This ...

When you dive into Excel, you quickly realize the power it holds for data analysis and prediction. Two of the most potent tools at your disposal are the TREND and FORECAST functions. These functions ...

Your client, Dave’s BBQ, a local independent restaurant, is interested in determining the effect on sales revenue of certain advertising strategies. Dave has weekly data on advertising dollars spent ...

Various statistical forecasting methods exist designed for use with slow-moving products, new product introductions, stable mature products and products with erratic demand. Determining which ...