Hi srinivasa,
Time series is a sequence of data points, measured typically at successive times, spaced at (often uniform) time intervals. Time series analysis comprises methods that attempt to understand such time series, often either to understand the underlying theory of the data points (where did they come from? what generated them?), or to make forecasts (predictions). Time series prediction is the use of a model to predict future events based on known past events: to predict future data points before they are measured.
Kindly follow the link below for all your queries regarding time series in APO DP
http://help.sap.com/saphelp_scm2007/helpdata/en/8f/9d6937089c2556e10000009b38f889/frameset.htm
Hope this helps
Reward point if query answered.
Regards
Ankur
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