Situation: The owner of a sari-sari store decides to stock biscuits from ABC Co. She is interested in arriving at a forecast of sales so that she can order the correct quantity of supplies. What forecasting method can you recommend to the owner? Why?

Forecasting method

Time-Series Methods

a. Naive Forecast

b. Simple Moving Average

c. Simple Exponential Smoothing

Trend Patterns: Using Regression