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Forecasting 101

How to get more accurate forecasts with less cost and effort

About this paper

Organizations spend much time and money searching for a magic formula for the perfect forecast, yet still get bad forecasts. But it doesn't have to be this way. This paper provides a summary of a webinar in the SAS "Applying Business Analytics" series originally broadcast in July 2010 that discussed how businesses can achieve better accuracy and forecasting process efficiency by understanding the nature of demand patterns and where forecasting process is adding value — or not.

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