Forecasting a time series based on actuals and a plan

Embodiments of the present invention provide a system, method and computer program product for forecasting a time series based on actuals and a plan. A method comprises generating a first and a second sequence of segments that rise and fall alternately based on a first and a second sequence of data...

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Bibliographische Detailangaben
Hauptverfasser: Oh, Se Chan, Boyette, Neil H. A, Strong, Jr., Hovey R, Blomberg, Jeanette L, Chandra, Anca A
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:Embodiments of the present invention provide a system, method and computer program product for forecasting a time series based on actuals and a plan. A method comprises generating a first and a second sequence of segments that rise and fall alternately based on a first and a second sequence of data values over time, respectively. The first and second sequence of data values represent actual data for an ongoing project and estimated data for a planned project, respectively. The method further comprises aligning at least one segment of the second sequence of segments with at least one segment of the first sequence of segments, and adjusting the estimated data by replacing at least one segment of the second sequence of segments with a scaled version of at least one corresponding aligned segment of the first sequence of segments. The scaled version maintains an estimated total for the planned project.