Forecast Formulae Overview

In this section, a description is given of the formulae which form the basis of the forecast. The following formulae are displayed in detail:

• formula for the forecast models

• formula for the evaluation of the forecast

• formula for calculating the reorder level and safety stock

• Formula for Calculating the Reorder Level Forecast...
• Formula for Calculating the Safety Stock Forecast ...
• Formula for Evaluating the Forecast
• Model: Second-Order Exponential Smoothing Forecast...
• General Formula for First-Order Exponential Smooth...
• Model: Constant Forecast Formulae
• Model: First-Order Exponential Smoothing Forecast ...
• Model: Weighted Moving Average Forecast Formulae
• Model: Moving Average Forecast Formulae
• Forecast Formulae Overview