Projection factors for forecasting product demand

Details Projection factors for forecasting product demand Projection factors for forecasting product demand

2011-04-05

2011-04-05

Boyce, Andre (Department: 3623)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Discount or incentive

Reexamination Certificate

active

07921029

ABSTRACT:
Projection factors are used to project product sales data from sample retail outlets to the universe of outlets. Weekly forecasts of market conditions and product demand are generated based on the projected product sales data. The projection factors and the weekly forecasts are updated during the course of the forecasted week, for example, daily, as data on actual product sales during the forecasted week is received.

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