Poisson Distribution for Sales Forecast
Posted: Fri Mar 11, 2016 10:16 am
Hello fellow E-Viewers,
I currently have a data-set with 12 months of monthly data, and a bucket of last year sales(total sales not monthly). I am looking to create a Poisson distribution model to create forecast sales for inventory ordering purposes.
I would like to also put in a dynamic function of min/max ordering using this approach.
Is there anyone available to help me with this problem? I would appreciate a PM or post of relevancy as I am struggling to do this in the E-Views software (I'm more excel based)
Regards,
TheClam
I currently have a data-set with 12 months of monthly data, and a bucket of last year sales(total sales not monthly). I am looking to create a Poisson distribution model to create forecast sales for inventory ordering purposes.
I would like to also put in a dynamic function of min/max ordering using this approach.
Is there anyone available to help me with this problem? I would appreciate a PM or post of relevancy as I am struggling to do this in the E-Views software (I'm more excel based)
Regards,
TheClam