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Oracle® Retail Demand Forecasting Cloud Service User Guide
Release 19.0
F24922-17
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8 Estimation Review Short Lifecycle Task

This chapter describes the Estimation Review Short Lifecycle for RDF Cloud Service. In this workspace you can review the seasonality curves and price elasticities at various intersections. This is also the place where, if available, the user adjusted, or loaded parameters are displayed.

Estimation Review SLC Workspaces, Steps, and Views

The following table lists the workspaces, steps, and views for the Estimation Review Short Lifecycle task.

General Estimation Review SLC Workspace

The General Estimation Review SLC workspace allows you access to all of the views listed in Estimation Review SLC Workspaces, Steps, and Views It displays important information about the data that was processed during the estimation step. For the estimation results to be robust it is necessary to remove unreliable data points from the calculations. This step shows the original data points and the number of data points still available after each filter.

To build the General Estimation Review SLC workspace, perform these steps:

  1. From the left sidebar menu, click the Task Module to view the available tasks.

    Figure 8-1 Task Module

    Surrounding text describes Figure 8-1 .
  2. Click the Estimation activity and then click Review to access the available workspaces.

  3. Click Short Lifecycle. The Short Lifecycle wizard opens.

    You can open an existing workspace, but to create a new workspace, click Create New Workspace.

    Figure 8-2 Short Lifecycle Wizard

    Surrounding text describes Figure 8-2 .
  4. Enter a name for your new workspace in the label text box and click OK.

    Figure 8-3 Enter Workspace Label

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  5. The Workspace wizard opens. Select the products you want to work with and click Next.

    Figure 8-4 Workspace Wizard: Select Products

    Surrounding text describes Figure 8-4 .
  6. Select the locations you want to work with and click Finish.

    Figure 8-5 Workspace Wizard: Select Locations

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  7. The wizard notifies you that your workspace is being prepared. Successful workspaces are available from the Dashboard.

    Figure 8-6 Successful Workspace Build

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Estimation Summary Step

The available views are:

SLC Preprocess View

The SLC Preprocess view shows a summary of the SLC preprocessing.

Figure 8-7 SLC Preprocess View

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Measures: SLC Preprocess View

The SLC Preprocess view contains the following measures:

0. Total Number of Time Series

Total number of product/location combinations with short lifecycle.

0. Total Amount

Total amount generated by product/locations with short lifecycle.

1. Number of Time Series After Average Sales Filter

Number of product/location combinations with short lifecycle that passed the average sales filter.

1. Amount After Average Sales Filter

Amount generated by product/location combinations with short lifecycle that passed the average sales filter

2. Number of Time Series After Season Length Filter

Number of product/location combinations with short lifecycle that passed the season length filter.

2. Amount After Season Length Filter

Amount generated by product/location combinations with short lifecycle that passed the season length filter.

3. Number of Time Series After Number of Units Filter

Number of product/location combinations with short lifecycle that passed the number of units filter.

3. Amount After Number of Units Filter

Amount generated by product/location combinations with short lifecycle that passed the number of units filter.

4. Number of Time Series After Markdown Filter

Number of product/location combinations with short lifecycle that passed the markdown filter.

4. Amount After Markdown Filter

Amount generated by product/location combinations with short lifecycle that passed the markdown filter.

SLC Estimation Count View

The SLC Estimation Count view shows a summary of the count of forecast parameters.

Figure 8-8 SLC Estimation Count View

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Measures: SLC Estimation Count View

The SLC Estimation Count view contains the following measures:

Raw Elasticity Count

Total number of price elasticities before pruning.

Elasticity Count after Pruning

Number of price elasticities after pruning.

Raw Seasonality Curve Count

Total number of seasonality curves before pruning.

Seasonality Curve Count after Pruning

Number of seasonality curves after pruning.

Price Elasticity Step

This step includes the SLC Price Elasticity View.

SLC Price Elasticity View

The SLC Price Elasticity view reviews the price elasticities at several escalation levels.

Figure 8-9 SLC Price Elasticity View

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Measures: SLC Price Elasticity View

The SLC Price Elasticity view contains the following measures:

Calculated Price Elasticity

This measure shows the value of the price elasticity calculated by the system.

Approved Price Elasticity

This measure shows the value of the approved price elasticity.

Price Elasticity Override

This measure shows the override value of the price elasticity. This can be loaded, or can be manually entered.

Total Data Points

Total number of data points in this escalation level.

Number of Valid Data Points

Number of data points in the escalation level that passed pruning and were used to calculate price elasticities.

Seasonality Curve Step

This step includes the SLC Seasonality Curve View.

SLC Seasonality Curve View

The SLC Seasonality view reviews the seasonality curves at several escalation levels.

Figure 8-10 SLC Seasonality Curve View

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Measures: SLC Seasonality View

The SLC Seasonality view contains the following measures:

System Curve

This measure shows the seasonality curves calculated by the system.

Approved Curve

This measure shows the approved seasonality curves.

Adjusted Curve

This measure can be used to load seasonality curves generated outside of RDFCS. If loaded curves exist, they display, if no load occurred, then the system values display. You can change values and click Calculate so that the values are normalized and copied into the Approved Curve measure.


Note:

If you choose to override a seasonality curve, the values entered by you are normalized to 52, and become the approved curve. The approved curve is not a merge between the seasonality calculated by the system and the override values.

Specifically, if you enter one value in week 42 of the override measure, the approved seasonality curve will be all zeros, except for week 42 where the index is 52.