Formula for Evaluating the Forecast

Every forecast should provide a basis for a decision in some form. So that changes in a time series pattern can be recognized early, the following parameters are calculated in the SAP System for the evaluating quality of the forecast:

• the error total

• the mean absolute deviation (MAD)

• the tracking signal

• the Theil coefficient

• 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