FORECASTING
FORECASTING It is a future event or trend. It is the process if making predictions of the future based on past or present data that is most commonly by analysis to trends. In business, a planning tool that helps management in its attempts to cope with the uncertainty of the future, relying data from past and present and analysis of trends. Some assumption based on :- - Management experience - Knowledge - Judgement - Degree of fit Some are the factors on which forecasting depends :- Whether Economic Ensemble Energy Probabilistic Pandemic Situation