Demand Planning Outlier Correction
The objective is to identify and correct outliers using K-factor tolerance bands and ex-post forecasts for better accuracy.
Topics Covered:
- Identifying Outliers
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What is a Tolerance Band?
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Determined by the K factor
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Ex-post forecast
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Impact of K- Factor Setting
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Outlier Identification using the ex-post forecast
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Forecast Tolerance
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Band Outlier
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Outlier Correction Summary