Forecasting Models 2026

1. Click ‘Get Form’ to open the Forecasting Models document in the editor.
2. Begin by reviewing the introduction section, which outlines the importance of forecasting in organizational activities. Familiarize yourself with key concepts such as Time Series models and their components.
3. Navigate to the Time Series Models section. Here, you will find fields to input your data. Ensure that you enter historical sales data accurately, as this will form the basis of your forecasts.
4. In the next section, focus on defining trends and seasonal patterns. Use the provided formulas to calculate trend values based on your data inputs.
5. Proceed to measure error terms using Mean Absolute Deviation (MAD) and Mean Square Error (MSE). Input your calculated values into the designated fields for accurate assessment.
6. Finally, review all sections for completeness and accuracy before saving or exporting your completed Forecasting Model for further analysis.

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