Forecasting: Is the process of making predictions

Forecasting is the process of making predictions based on past and present data. Learn about the different fields, methods and techniques of forecasting, as well as the challenges and benefits of forecasting accuracy and uncertainty. Forecasting: Principles and Practice (3rd ed) Rob J Hyndman and George Athanasopoulos Monash University, Australia Top forecasting methods include Qualitative Forecasting (Delphi Method, Market Survey, Executive Opinion, Sales Force Composite) and Quantitative Forecasting (Time Series and Associative Models). Learn what forecasting is, why it is important, and how to choose the best method for your business. Explore the principles, features, and applications of forecasting in different sectors, from finance to supply chain management.