Create Forecast Simulation

The purpose of this procedure is to enter and update simulated forecast methods per item/warehouse.

Before you start

To start this procedure the Forecast Method included in the forecast simulation must be entered.

The system contains five standard methods for forecast simulation, labeled F1, F2, F3, F4, and F5. Each of these is based on a specific forecast formula, numbered 10, 11, 12, 13, and 14. These forecast methods are generated in ‘Forecast Method. Open’ (FCS300). When used, they need to be supplemented with a few additional parameters. Refer to See Also section for related documents.

Forecast method F1 is also automatically assigned the other four methods for forecast simulation. For more information about forecast methods and forecast formulas, see the term document for Forecast Simulation.

Follow these steps

Follow the steps below to enter and update forecast methods for forecast simulation.

  1. Select 'Forecast Method. Open' (FCS300).

  2. Specify option 11 = Forecast comp in front of the forecast methods for which forecast simulation will be done. 'Forecast Competition Method. Open' (FCS301), panel B is called.

  3. Enter or delete the appropriate forecast methods.

  4. To end, press F3 = End.