10 Forecasting models
Application in sales and maintenance

1. Autoregressive Model (AR)

2. Moving Average Model (MA)

3. Autoregressive Moving Average Model (ARMA)

4. Autoregressive Integrated Moving Average Model (ARIMA)

5. Auto ARIMA Model

6. Seasonal Autoregressive Integrated Moving Average Model (SARIMA)

7. Vector Autoregressive Model (VAR)

8. Vector Autoregressive Moving-Average Model (VARMA)

9. Simple Exponential Smoothing (SES)

10. Holt Winter's Exponential Smoothing (HWES)

Summary:

Forecasting models help businesses predict future sales volumes. From there, they have appropriate financial plans, product inventories, raw materials, and maintenance supplies to ensure the best customer service with the lowest storage costs.