Retail Predictive Application Server (MOSC)

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Profile_Based method: items and technics

edited Jul 17, 2017 1:57PM in Retail Predictive Application Server (MOSC) 3 commentsAnswered ✓

Hello!

Trying to undesrtand using of Profile Based Method.

There is very few information in documenation. Not reallly understandable for what items that method is suitable and how to use it.

Settings:

CASE 1

From RDF UG:

The Profile-based forecasting method can be successfully used to forecast new items. In order to do that, we need to have a profile (which can be copied from an item that shares the same seasonality) and a number that specifies the de-seasonalized demand (DD value). The forecast is calculated using the DD value multiplied by the profile. The confidence interval is set to 1/3 of the DD value.

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