Forecast Types
JD Edwards EnterpriseOne Forecast Management uses Forecast Type (34/DF) to differentiate the multiple forecasts that reside in the Forecast File table (F3460). Forecast Type can identify actual sales history, a system generated best fit forecast, each of the 12 generated forecast methods, or manually entered forecasts. Each time that sales history is extracted or a forecast is generated, you can select a forecast type to identify the data.
You can set up multiple forecasts for the same item, branch/plant, and date by using different forecast types. You can use existing codes or add codes to the UDC table 34/DF to identify forecast types.
This table illustrates different types of forecasts:
Code |
Description |
Hard Coded |
---|---|---|
01 |
Simple Percent Over Last Year |
Y |
11 |
Exponential Smoothing |
Y |
AA |
Actual Sales |
N |
BF |
Best Simulated Forecast |
N |
MF |
Maintenance Forecast |
N |
MM |
Maintenance Management |
N/A |
PP |
Production Plan |
N/A |
SP |
Service Parts Forecast |
N |
Processing options in the Distribution Requirements Planning (DRP), Master Production Schedule (MPS), and Material Requirements Planning (MRP) versions of MRP/MPS Requirements Planning (R3482) enable you to enter forecast type codes to define which forecasting types to use in calculations.