Completion requirements
Read this article. It provides an overview of techniques associated with decomposition. Part 4, The Business Cycle, presents how this tool is applied in business operations. Why do you think decomposition is useful in understanding seasonality costs?
Abstract
The paper provides an overview of techniques and methods in time series modeling and decomposition with focus on the business cycle, models for seasonality, the moving holiday component, the trading-day component and the irregular component.
Source: Estela Bee Dagum, https://rivista-statistica.unibo.it/article/view/3597
This work is licensed under a Creative Commons Attribution 3.0 License.