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Forecast Accuracy Metrics | Don't make these mistakes while applying | BIAS MAD MPE MAPE WMAPE
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Күн бұрынApplying forecast accuracy metrics are very important to get the desired results in supply chain. In this video, I reviewed the metrics and discussed when, where, and how each metric should be applied to improve the customer service level in a supply chain
@brunanogueira8277 3 ай бұрын
Great video!
@gurjinderkaur5007 26 күн бұрын
Thank you for the video, very informative! Question: Which approach to take while aggregating all these metrics for multiple items observed over last 'n' time periods? Does averaging makes sense? Because in the end we have to report a single metric to demonstrate the quality of our forecasts and it's always challenging for me to figure this out, given hundreds or thousands of forecasts.
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