Hi Experts,
We got a requirement for demand planning and Forecasting in Business ByDesign system.
As per standard functionalities available in system, when ever we are running a demand plan, the system is picking up the actual demand from the history horizon specified and based on the forecasting model selected, it is calculating the data and is giving an output. This output is based on the Months (Independent variable) and Actual Sale (Dependent Variable) of the history horizon and the output would be Actual Sale (Dependent Variable) that is the foretasted figure in Months (Independent variable) of the future horizon
Sales in History Horizon
Months | Jul | Aug | Sep | Oct | Nov |
Actual Demand | 100 | 250 | 150 | 90 | 200 |
Forecasted Sales in Future Horizon
Forecast Horizon | Dec | Jan | Feb | March | Apr |
Forecasted Sale | 158 | 170 | 154 | 154 | 167 |