Typical dating patterns
This method might be useful in budgeting to simulate the affect of a specified growth rate or when sales history has a significant seasonal component. For example, specify 110 in the processing option to increase the previous year's sales history data by 10 percent.
Required sales history: One year for calculating the forecast, plus the number of time periods that are required for evaluating the forecast performance (periods of best fit) that you specify.
The system recommends the best fit forecast by applying the selected forecasting methods to past sales order history and comparing the forecast simulation to the actual history.
When you generate a best fit forecast, the system compares actual sales order histories to forecasts for a specific time period and computes how accurately each different forecasting method predicted sales.
This method is useful to forecast demand for seasonal items with growth or decline.
Follow these guidelines to prevent form abandonment and catastrophic errors.This article discusses common input patterns, error handling, and international input for date fields.Calendar pickers are control elements that display a full calendar month at one time.To forecast demand, this method requires the number of periods of sales order history plus one year of sales history.This method is useful to forecast short term demand for seasonal items with growth or decline.Formatting a date-entry field may seem like a minor detail; however, even small interactions can draw a process to a standstill if implemented improperly.Poorly designed date input leads to distressed or annoyed users — risking the abandonment of the form altogether.The Calculated Percent Over Last Year formula multiplies sales data from the previous year by a factor that is calculated by the system, and then it projects that result for the next year.This method might be useful in projecting the affect of extending the recent growth rate for a product into the next year while preserving a seasonal pattern that is present in sales history.In those situations, they often display two months side by side. Implement design patterns that are appropriate for your context.When designing date-entry fields support text input and consider whether or not you have an international audience.