Dear Members,
I am looking for some help in automating forecasting in excel. I have attached a file for reference
can this be done?
Regards
Milind
▬▬▬▬▬▬▬▬▬ Mod edit : thread moved to appropriate forum !
I am looking for some help in automating forecasting in excel. I have attached a file for reference
- The worksheet Demand contains historical demand data for 36 months for two products a and B
- MA A and WA A are Moving average and weighted average forecasts for Product A
- The forecasting parameter periods has been optimized with solver for minimizing RMSE
- MA A gives better results so this forecast has been taken in the forecast sheet
- MA B and WA B are Moving average and weighted average forecasts for Product B
- The forecasting parameters i.e. weights have been optimized with solver for minimizing RMSE
- MA B gives better results so this forecast has been taken in the forecast sheet
can this be done?
Regards
Milind
▬▬▬▬▬▬▬▬▬ Mod edit : thread moved to appropriate forum !