Forecasting

Given a set of historical performance data, such as sales, DecisionPro allows you to apply a variety of techniques for finding patterns in the data and extrapolating future performance. This is accomplished using techniques such as moving averages, exponential smoothing, regression, and curve fitting. DecisionPro even provides advanced forecasting tools based on Fourier spectral-analysis techniques, which are ideal for identifying and modeling business cycles.

DecisionPro's Forecasting Wizard will guide you through importing historical data, choosing the best forecast method, and preparing reports. You can let the Wizard do it all for you, or retain as much control as you like. This feature makes it possible for a novice to get professional results.

For more information on forecasting, see Forecasting, page 127.