Forecasting using historical data

Cost Accounting Forecasting Forecasting using historical data Forecasting using historical data

Forecasting using historical data

Forecasting using historical data

Forecasting using historical data frequently data will be available on the part cost incurred, performance levels output, sales and similar matters which are used as a basis for forecasting future values, numerous techniques have been developed to help with this process ranging from simple arithmetic and visual methods to advanced computer based statistical systems.