One way to predict the sales of a new product is to choose an
existing product or product profile which "looks like" the new
product in terms of the expected demand pattern for sales of
the product. Using the new forecast by analogy method, once
you have identified an analogous product or product profile,
Forecast Pro XE Version 6 will generate a forecast for the
new product.
Further, if any of the following information is available, it can
be input into the model:
Sales history for the new product (even if limited data are available)
Expected total sales of the new product over a specified
horizon
