General Description of Measure Forecast Accuracy
The Report Generator compares a file of the past 3 months actual sales
or a file of a competitive forecasting procedure
against Focus Forecasting® output for the same 3 month period.
The report ranks the forecast error in descending dollar sequence by absolute error.
Focus Forecasting® can then be accessed in sequence by most signifigant
to least signifigant forecast error by using the Next Action Item key.
The $ error of the forecast will be displayed on the comments line.
StepTechnical Directions Measure Forecast Accuracy
1.Save the c:\mygate\ffrp directory and wait 3 months.
2.After you have the 3 months actual sales in units put it in this ffrp directory.
Note:Do not put any headder lines in the ACTUAL.CSV report.
3.Set the FFCFG.TXT to *ENGINE*1*@.
4. Run Focus Forecasting®.
5.Run the Report Generator selecting a Core Report
6. Run Focus Forecasting® using the Next Action Item Button
to guide you through the comparison.