It can be highly beneficial for companies to develop a forecast of the future values of some important metrics, such as demand for its product or variables that describe the economic climate. There ...

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 ...

Crane, D. B., and James R. Crotty. "A Two-Stage Forecasting Model: Exponential Smoothing and Multiple Regression." Management Science 13, no. 8 (April 1966).

Regression analysis is a method of determining the relationship between two sets of variables when one set is dependent on the other. In business, regression analysis can be used to calculate how ...

Excel forecasting is a crucial skill for analysts aiming to boost productivity, cut costs, and enhance customer satisfaction. By harnessing Excel’s powerful forecasting tools, you can generate precise ...

Discover how human resource planning might be used to estimate the correct demand for labor in a given market, both qualitatively and quantitatively.