Create Simulated Forecast Method for Sales Statistics

This procedure is used to enter and update simulated forecast methods for sales forecasts in datasets. The forecasts are saved as Transaction Type - Statistics 34 in the datasets.

Before you start

To start this procedure, the forecast methods used for the forecast simulation must be entered. Note that the system contains five standard forecast methods for forecast simulation: F1, F2, F3, F4, and F5. Each of these methods is based on a different forecast formula: 10, 11, 12, 13, and 14, respectively. The methods are created automatically in program 'Sales Forecast Method. Open' (OSS430). When they are used, they must be supplemented with additional parameters.

Forecast method F1 is automatically assigned methods F2, F3, F4, and F5 as simulated forecast methods. For more detailed information about the different forecast methods and formulas, see term Forecast Simulation - Sales Statistics.

Follow these steps

  1. Select program 'Sales Forecast Method. Open' (OSS430).

  2. Specify option 11 = Forecast sim for the forecast method to add or delete to the simulated forecast method. Press Enter.

  3. In panel 'Sales Forecast Method. Connect Competing' (OSS431/B), specify option 1 and a simulation forecast method. Press Enter.

  4. Press Enter to confirm the change.

  5. Press F3 to end.

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