Level 2 DEM03 - Baseline Forecast

faragh
Occasional Contributor

Re: Level 2 DEM03 - Baseline Forecast

Hi Einas,

I think the following print screen is a bit confusing if we go back to the requirement, we don't need to calculate Baseline Forecast for FY21 and it should be 0 but the print screen is showing Forecast values for FY21?

 

 

 

faragh_0-1615658696525.png

Do we need to populate DEM03\FY21 Baseline forecast before creating the line chart view or is should stay 0?

faragh_1-1615659761908.png

Thank you for your help,

Hamed

einas.ibrahim
Master Anaplanner/Community Boss

Re: Level 2 DEM03 - Baseline Forecast

Hello @faragh 

 

In the module DAT03 Historic Volume, you calculate the base forecast for 2020, so you can use it to later calculate the base forecast for 2021 in the module DEM03 Demand Forecast
If you follow the green line you will see that the value in Week1 2021 is calculated based on the forecast in the same week of 2020 multiplied by the growth rate.

So yes, the Baseline forecast should be 0 in DAT03 but then you have to calculate it's value based on a different formula (growth) 

Einas
"Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime"
faragh
Occasional Contributor

Re: Level 2 DEM03 - Baseline Forecast

Hi Einas,

 

Thank you for your helpful comments and for taking the time to reply to my questions.

 

 

Hamed

JohnnyC
New Contributor

Re: Level 2 DEM03 - Baseline Forecast

Personally, I actually thought it would be logical if "Baseline Forecast" to OFFSET "Final Forecast" instead of "Default Forecast".

 

For e.g. for "Week 1 FY21", it is showing as "Baseline Forecast = 59.47" from "Week 1 FY20, Default Forecast = 59.47". However, there is a "Override Forecast" input and hence the "Final Forecast = 62". So, I would have thought it would be logical to have "Week 1 FY21, Baseline Forecast = 62" instead of "59.47".

 

With that being said, I guess this is overall depending on the business needs to determine which is more logical!

einas.ibrahim
Master Anaplanner/Community Boss

Re: Level 2 DEM03 - Baseline Forecast

@JohnnyC 

When you think about the "order of events", first we have last year's forecast then we create a base forecast to be able to build this year's forecast on top of it.
If we already have the current forecast then why do we need the base forecast?

Einas
"Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime"