Operations management: forecast of product sales; demand for
services
Marketing: forecast of sales response to advertisement procedures,
new promotions etc.
Finance & Risk management: forecast returns from investments
Economics: forecast of major economic variables, e.g. GDP,
population growth, unemployment rates, inflation; useful for
monetary & fiscal policy; budgeting plans & decisions
Industrial Process Control: forecasts of the quality characteristics of
a production process
Demography: forecast of population; of demographic events
(deaths, births, migration); useful for policy planning