Forecast Accuracy Measurements
Univariate forecasting allows you to measure the forecast error in six ways:
The system calculates the forecast errors by comparing the differences between the actual values and theex-post values.
Use the forecast error measurements to help you evaluate the accuracy of the forecast.
You select them in the univariate forecast profile. To set upper limits for the forecast error measurements, use the Diagnostic group in the univariate forecast profile; when a limit has been exceeded, the system issues an alert.
You can also select the forecast error measurements on the demand planning desktop, under the Errors tab of the Forecast view.