Defining a Forecast Set
Before you define a forecast, you first define a set. Forecast sets:
You can associate a forecast to one forecast set only.
- Group complimenting forecasts that sum together to a meaningful whole
Some forecast set information--such as forecast level--defaults to the forecasts you create within the set. You can keep or override these defaults for a specific forecast.
To define a forecast set:
1. Navigate to the Forecast Sets window.
4. Select the level that determines how forecasts in the set are defined and consumed. See: Forecast Levels.
Ship-To: Item, customer, and shipping identifier
Bill-To: Item, customer, and billing identifier
Customer: Item and customer
Item: Item. Without Oracle Order Entry or Oracle Receivables, this is the only option you can choose.
The outlier update is the maximum percentage of a forecast entry that a single sales order can consume. See: Outlier Update Percent
Forward and backward days describe the number of work dates from the sales order schedule date that forecast consumption looks backward or forward for a forecast entry to consume. Non-workdays are not counted in these calculations. See: Backward and Forward Consumption Days.
7. You can now define one or more forecasts for this set.
To disable a forecast set:
Note: You can view disabled forecasts but not modify them.
- Enter a disable date. After this date, you can no longer define a forecast name for the set.