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 ...
FORECAST.ETS applies an exponential triple smoothing (ETS) algorithm to create forecasts that can include trend and seasonal ...
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 ...
Before businesses were lucky enough to be able to create sales forecasts in Excel, business owners had to enter numbers on columnar pads and add the figures with a calculator. If a single number ...
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 ...