Subject : Sales forecasting

Conclude about the evolution of forcasting and the appropriate situation of each stage (in short answer)

The Three Stages of Light Bulb Evolution 40 Watts Short Life Hot 12 Watts Longer Life Hot 4 Watts "Forever" Life Cool The Three Stages of Prediction Evolution Stage 1 Time Series Models Stage 1 Demand Planning Models Stage III Predictive Analytics Models Naive Model Moving Average Model Simple Ex. Smoothing Holt's Ex. Smoothing Holt Winter's Model Decomposition Model ARIMA Simple Regression Multiple Regression Nonlinear Regression Event Model Classification Clustering/Segmentation Association Rule Mining Text Mining Entity Analytics Sentiment Analysis Willingness to Purchase