This page helps you define how forecast accuracy is calculated when it's used in reporting.
Use this table to specify the parameters in the forecast accuracy pages.
Parameters
Parameter | Value |
Forecast Accuracy Units or Revenue | Specify whether units or revenue is used as the basis for forecast accuracy measurement. |
Forecast Error Basis | The calculation for forecast error is the absolute forecast error divided by the selected divisor. This parameter specifies the divisor used in the calculation.
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Forecast Accuracy Measures | This option specifies the forecast accuracy you can measure with:
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Lead Time Offset | Specifies the number of planning periods you can use as lead time offset for forecast error calculations. For example, for a forecast made for Week 1, if you select a Lead Time Offset of 2, measures the forecast you made in Week 1 from Week 3. |
Periods To Sum | Specifies the number of planning periods to sum in the calculation of MAPE. From the previous example, for a forecast calculated in Week 1, when you select a Lead Time Offset of 2 and Periods to Sum of 3, you measure the forecast made in Week 1 offset to Week 3, and then summed for Week 3, Week 4, and Week 5. |
The inputs you select display in the Effective Parameters table.