Creating forecasts from historical results

  1. Select Scheduling > Schedule Optimization > Forecasting.
  2. Click Create New Entry.
  3. Specify this information:
    Name
    Specify the name of the forecast.
    Description
    Specify a brief description of the forecast.
    Location
    Select the store location to which the forecast applies using the lookup.
    Forecast Start Date
    Specify the start date of the forecast range.
    Forecast End Date
    Specify the end date of the forecast range.
  4. Select Generate a forecast from historical results.
  5. Specify this information:
    Start Date
    Specify the start date of the range of historical results that you want to use for the forecast. For linear regression forecasts, this field specifies the start date to use for the historical period of time. For other forecast types, any date can be entered.
    End Date
    Specify the end date of the range of historical results that you want to use for the forecast. For linear regression forecasts, this field specifies the end date to use for the historical period of time. For other forecast types, any date can be entered.
    Initial Adjustment (%)
    Specify the percentage amount by which the historical data is initially adjusted for the current forecast.
  6. Click Next.
    The forecast details based on the historical data are displayed on the Forecast page. The volume for the given day is distributed across the day’s intervals using the selected distribution.
  7. Click Save.