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MRP glossary TOP > Demand Forecast > Trend

Trend

Trend

It is a variable element in the time-series analysis of forecasting, and refers to the element to express one-way increase or decrease over a long period. Even Cycle Movement, if a movement occurs every 15 or 20 years, or a relatively long period of time, can be regarded as Trend. Thus Trend significantly depends on demographic shift, change in needs, or other long-term factors.


Related term: Time Series Analysis

Reference:JIT Business Research Mr. Hirano Hiroyuki

Tracking Signal | Demand Forecast