The process of the ex-post forecast described above is used for parameter optimization in order to optimize the smoothing factors. In the article master, you can store whether parameter optimization is to take place during the forecast and if it is to take place, the degree of optimization you want to select.
When a forecast is carried out with parameter optimization, the system will start from an initial value and then gradually increase the increment of the smoothing factors in every simulation run. (This constitutes the first stage of the ex-post forecast.) The increment in this case is specified in the article master record by the optimization level. The system then further analyzes the situation for the parameter combination with the smallest MAD (second stage). The optimum parameter combination is the combination which has the lowest possible MAD.
- How Does the System Optimize the Smoothing Factors...
- Monitoring the Selected MRP Forecast Model
- Ex-Post Forecast MRP Forecast Parameters
- Calculating the Safety Stock and the Reorder Level...
- Calculating the MRP Forecast Values
- Carrying Out the Total MRP Forecast in Background ...
- Carrying Out the Total MRP Forecast
- Carrying Out the Individual MRP Forecast
- MRP Forecast Options
- Things to Think About Before Carrying out the MRP ...
- Carrying Out the Forecast Overview
- Carrying Out the MRP Forecast
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