Forecasting Basic Data/Forecast Hist Percent

[About Forecasts] [To Handle Fleet Forecasting]

Usage

Use this tab to define the weighted percentage that each year of operational history should be given when running forecasting calculations.

Since the forecast is considering historical data, the first year is the most recent complete year of historical data. In other words, if the year is 2004, the system would see the first year as 2003. 

The window is divided into areas. One area allows you to define the values if you have three years of operational history and another area allows you to define the values if you have only two years of history. IFS Applications defaults to predefined percentages. You can change these default values, but the total must always equal 100. 

Note: If you have only one complete year of operational history, this will always be weighted at 100 percent. 

Activity Diagram

BDR for VIM Forecasting

Activities

Enter Forecast History Percentage