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I have data from several months that I am trying to replicate (forecast) into our budgetting process.
To do this I want to know the weighting (this is probably not the correct wording here) of the day of the week so that I can forecast sales along with the number of 'x' weekdays with their weighting to accurately forecast sales for coming months. Given that some months have more total working days than others and there are varying amounts of the actual 'named' work days (i.e. the count of mondays etc varies in each month) I am noticing a fluctuation in our sales. I want to account for this. Additioanally our products are sold either by the week, biweekly or by the month, so this also affects the number of 'payment dates' within a month.
I need what I think to be some regression analysis done on this so that I can punch in the number of mondays, tuesdays etc, alongside the number of total payment days available in the month and also our mixture of payment cycles into an excel form...
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