Retail Predictive Application Server (MOSC)

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Bayesian Forecast in MFP

edited Oct 9, 2014 10:03AM in Retail Predictive Application Server (MOSC) 3 commentsAnswered

Hi All,

We did Bayesian Forecast in MFP as it is done in GA.

So we forecasted in-season for some groups for a fashion retailer.

But we do get a forecast which is not very sensitive to changes of recent sales from a group level.

I tried to change Bayesian alpha but that didn't seem to give any effect on forecast.

Is there a way to change forecast sensitivity for Bayesian method?

Thanks,

Lev

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