Time Series Forecast Record
Time Series Forecast records use historical data to develop a model for generating forecasts. This record type generates forecasts automatically by analyzing the data for trends and patterns and applying the best method.
The historical data used in this analysis can be any of the following:
- Manually entered data
- Data imported directly from a data source
- Data contained in other records
Time Series Forecast records can contain some or all of the following sections:
- Bill of Materials section
See BOM Part Record in Classic Mode. - Historical data section
See Add Historical Data to Records. - Analysis Section - Comparable Items section
See Supplement Historical Data with Comparable Data. - Adjustments and Overrides Section - Monte Carlo Simulation section