Forecast Variance (IC239)

Run Forecast Variance (IC239) to print a report that compares actual usage quantities to item forecast quantities. This program provides the option for you to override the item location forecast number with another forecast number.

You can base actual usage quantities on sales, plus issue, transfer, and/or adjustment transactions.

You can select the items printed on this report by location and/or report group. You can also enter a beginning and ending period and year values. The purpose of this report is to determine the effectiveness of the item forecasts currently being used to calculate reorder points and reorder quantities in the Inventory Control application.