A simple series could be "Budget Data", which simply is created to store financial budget information. On other hand, one can create series like "Projected Inventory" or "Safety Stock", which uses multiple base series for computing the values.
More details on Series creation and options available, can be easily found in documentation provided by Oracle. Please refer to below documentation for a better understanding of "Series":
Document is available @http://download.oracle.com/docs/cd/E11051_02/demantra/acrobat/ddmug.pdf
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