1. Using Demand Management
  2. Simulate Demand

Simulate Demand

Use this topic to understand how to simulate forecasts using Simulate Demand. Selections to run simulate demand are valid for different use cases. Hence, for faster results you should select the specific options.

Simulation provides you with an easy way to view the results of different scenarios side by side. To accomplish this you need to ensure that your scenarios have a different output measure. You can do this by modifying the output measure each time you run a simulation or create several profiles you use for simulation purposes and execute each scenario using a different profile.

To run simulate demand:

  1. In the Navigator, click the Demand Management work area link.

  2. On an open table in the plan, click the Actions menu, and then click Simulate Demand.

  3. On the Simulate Demand page, perform the following:

    1. Select the details for the forecast generation, forecast methods and causal factors.

      When you run a plan you may select whether you want to see the forecast decomposed into more detailed information based on forecasting methods and causal factors. The same options are available when running simulation and these options can provide substantial value in simulations where a targeted part of the plan receives a forecast. Note that adding more details increases forecast generation runtimes but this should not be impact for relatively small simulations.

    2. Review the parameters in the other tabs.

      For example, review and activate the forecasting methods from the Forecasting Methods tab.

  4. Click the Simulation Output tab, select the output measures parameters and add to table, as required.

    From the Output Measure parameters, select the Forecast Measure, the measure to which the forecast will be stored. The other selections for measure are primarily useful when you are performing more detailed forecast analysis and diagnosis.

    The Add to Table check box controls whether the measure is automatically added to the table when you run a simulation. This streamlines the process for viewing simulation results by adding any new measure to the table.

  5. Click Save and Run.

    Once simulation run is complete, you can review the revised configuration side-by-side with previous forecasts.

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