This page shows if history of the Product — Location follows a normal distribution. If the actual values are more closely spread around the mean than a normal distribution, the safety stocks values might be overstated. While, if the actual values were more evenly spread around, the safety stocks values might be understated.
Allows user to select the specific Product-Location combination for which the historical data has to be analyzed.
Parameters
Statistics
Parameters | Values |
Mean | The system calculated mean value of pure history for the selected product-customer combination. |
Standard Deviation | The system calculated value of the dispersed data in relation to the mean for the selected product-customer combination. |
C-Var (Mean) | The system calculated C-Var value defined as Standard Deviation / Mean of pure history, for the selected product-customer combination. |
C-Var (Trend) | The system calculated selected product-customer combination value, calculated on the basis of C-Var, defined as Standard Error / Mean of the Trendline. |
Distribution Analysis
Shows the history data distribution when compared to a normal distribution. For example, the Distribution Analysis could show that a particular product combination has a certain number of periods of history. Additionally, it could show the mean value per period, and the standard deviation. Normal distribution is colored gray. The actual distribution of values is shown by purple bars.