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Type:
Feature Request
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Status: Closed (View Workflow)
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Priority:
Major
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Resolution: Completed
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Affects Version/s: None
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Fix Version/s: CFA 2020R4
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Component/s: None
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Labels:
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INF Reference Number:INF-12207
Help Article Title: Forecast Accuracy
Short description: Forecast Accuracy = 1-(ABS(ActualSales - ForecastSales)/ActualSales)) * 100
External URL: leave empty
Menu Items:
- MxConnect - Forecast - Sales (/Forecasting/View?metric=sales)
- MxConnect - Forecast - Transactions (/Forecasting/View?metric=transactions)
Feature
CFA would like to add a change percentage to the forecasting graphs when applicable.
Example
Image 1
Image 2
Calculation
(Forecast - Actual) / Actual
Unsolicited Note
This formula comes from the example given in the CFA ticket (Image 2) but it seems like the percent change number that is more effective is the (Actual - Forecast) / Forecast number. If we were to calculate the percent change from the forecast value the number, in Image 2 would be -32.9% as the actual sales were smaller than the system forecasted value. My thought here is the user is looking at the forecast and trying to determine if the actuals were more or less instead of looking at the actuals and measuring the forecast.
, IRD Link
https://docs.google.com/document/d/130D62Cqnxk1UGeI7ajKIpOF1oeUAcPz49HCp5QZBspY/edit?usp=sharing
- is implemented by
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CFAMX-10260 Forecast Adj % - Augment/Create Load Tests
- Closed
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- Closed
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- Closed
- relates to
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CFAMX-12013 Forecast - Transactions : Help Article does not display
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- Done
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