Forecasting or projecting

H

hart3453

I need to figure the expected production for the coming year of a product
using the previous 3 years totals. What function should I use & how do I use
it?
any help would be appreciated. I'm not very experienced with this.
 
B

Barb Reinhardt

This is a tough one. What assumptions are you making?

* Do to have consistent peaks and valleys in production or is it linear?
* What kind of history do you have? Is it just an annual total or do you
have production by day/week/month?

Barb Reinhardt
 
H

hart3453

I have a total for each of the previous 5 years.
From these totals I need to project what I think the next year's total might
be. I don't know what function I am even looking for. Any suggestions?
 

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