K3S_3035 - Product Forecast Results


Summary

This screen shows the Product Forecast Results of any composite
line changes that might have been made in the previous K3S_3030
Product History What If? screen. The composite line is used to build
seasonal profiles, which are then used to make seasonal factors. With
this feature, the user can apply changes to the composite line and then
see the forecasting results without accepting the changes until they are
ready. 
 


 
One way to get to K3S_3035:

Opt 2=Products from the Main Menu
Opt7=All Locations 
Opt3=Product History 
F22=Composite 
F20=Results


Sub Pages
K3S_3030 - Product History Function Keys
K3S_3030 – Product History



 

Display Field Descriptions


        Total demand  

                The Total Customer Demand for all the periods shown in K3S_3030 or K3S_3031 Product History What If? Screen. 


        Number of periods

                The total number of periods that have stored data in them. 

 
        Starting values

                Average - The beginning average period's demand. This is the average it is starting out with.

                Devp  (Deviation Percentage) - The starting deviation percentage. 
 
                T/S  (Tracking Signal) - The beginning Tracking Signal setting. A Tracking Signal is a self adjusting value used to place more emphasis on recent history when a product is trending up or down. 

 
        Forecast method

                This is the Forecast Method that has been chosen to use with this product. The choices are:
 
                         0  Mean Absolute Deviation
                         1  Standard Deviation
 
                         Note:  To view the company default setting for the Forecast Method see Company Maintenance – Screen 1 of 3.
 
                         See section  Product Maintenance - Product Identification - Screen 1 of 5 to change the Forecast Method on a product level.

 
        Period Number

                The specific period number that is being reported on. A period could be monthly, weekly or 13 x 4 weekly. 

 
        Actual Demand

                This is the actual demand for the associated period shown.
 
                        Note: Hi/Low shows next to the highest and lowest demand of all the periods captured.

 
        Seasonal Factor

                The seasonal factor is a computed amount that tells the user the degree of seasonality that is seen at that specific time. It is a measurement used to rate if there is enough variance
                to warrant seasonality. Generally, a number greater than 1.5 warrants a possible seasonality candidate.  See Seasonality Analyzer for more on this.


        Calculated result values

                Average - The product's average order amount, computed up until the specific period shown.
 
                Devp  (Deviation Percentage) - The products Deviation Percentage, computed up until the specific period shown. The Deviation Percentage is an indication of stability. The lower the deviation,
                the more predictable and hence less safety stock will be needed. The higher the deviation, the less predictable and more safety stock will be needed.

                T/S  (Tracking Signal) - The product's Tracking Signal, computed up until the specific period shown. The Tracking Signal is the percentage the average is moving up or down.
                No ‘smoothing’ has been applied to this. 



 
Function Key Descriptions


        F12=Previous

                Transfer the user to the previously selected screen.