Journal of Engineering and Applied Sciences

Year: 2017
Volume: 12
Issue: 12
Page No. 3102 - 3107

Analysis of Time-Series Method for Demand Forecasting

Authors : Aayushi Verma, Aishwarya Karan, Aaroh Mathur and S. Chethan

Abstract: This study focuses on analyzing the demand for raw material supply for a university dining mess using time series method which falls under quantitative approach of demand forecasting and gives a detailed step by step process of analysis. This method accurately forecasts the daily demand within a span of four months, thereby eliminating the concern of mess authorities on their budgeting and supply of raw material for university dining mess on a daily basis.

How to cite this article:

Aayushi Verma, Aishwarya Karan, Aaroh Mathur and S. Chethan, 2017. Analysis of Time-Series Method for Demand Forecasting. Journal of Engineering and Applied Sciences, 12: 3102-3107.

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