This section enables you to review the inventory plan and its associated analysis in the inventory planning application.
The key components of the Analysis section are:
- Statistics: This page and its associated sections help summarize location-level demand history using key statistical measures.
- Forecast Error Correction: Enables you to identify outliers in the historic forecast error (that is forecast versus actual demand) and correct as necessary.
- History Distribution Analysis: Helps you understand the distribution of historic demand. Occurences represent the number of periods with a particular deviation versus the mean.
- Historic Cumulative Distribution Analysis: The page lets you assess how closely the distribution of history demand correlates to a normal distribution.
- Safety Stock Simulation: Enables you to conduct offline modeling to explore the impact of different safety stock decisions on the amount of inventory being held.
- Safety Stock Simulation Curve: Lets you conduct offline modeling to explore the impact of different safety stock decisions on the amount of inventory being held in graphical format.
