Forecast Accuracy Measurement – Odette
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LG07_V2R0
The FAI provides a calculation to establish an objective situation of the forecasts provided by a customer in comparison with the real demand.
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Description
Contents of this standard:
- General information
- Requirements and goals of forecast accuracy measurement
- Performance indicator for measuring forecast accuracy
- Recommendations for application
- Recommandation for analysis and detection of unstable forecast quantities
- Factors influencing measurement
- Counter-measures
- Optimization flow chart
- Summary
- Appendices