Is there a parameter which allows the FCST engine to put greater emphasis on recent sales history?
Follow-up question to today's Demantra Forecast Engine Webcast.
We want to load a certain amount of sales history in our application, however, we certainly do not want to use all of this history, and specifically, we want the engine to be affected to a greater extent by the most recent sales history.
So...I can load 10 yrs of SOH, use about 4 for forecast engine purposes, but would like the fcst engine to really be heavily affected by the last 2 yrs. Is there a parameter (or a combination of parameters) that control this behaviour?
Thanks!
We want to load a certain amount of sales history in our application, however, we certainly do not want to use all of this history, and specifically, we want the engine to be affected to a greater extent by the most recent sales history.
So...I can load 10 yrs of SOH, use about 4 for forecast engine purposes, but would like the fcst engine to really be heavily affected by the last 2 yrs. Is there a parameter (or a combination of parameters) that control this behaviour?
Thanks!
0