I have recently started my Level 2 and was wondering if someone could offer me some guidance.
I'm currently working through sprint 2 but I'm struggling with the formulas for the Baseline forecast FY21.
This is what I have so far.
Baseline Forecast - IF 'SYS01 Time Settings By Week'.'1st Forecast Year?' THEN 'DAT03 Historic Volumes'.'Offset Volumes for 1st Forecast Year' ELSE 'SYS01 Time Settings By Week'.'2nd Forecast Year?' THEN OFFSET('DAT03 Historic Volumes'.'Offset Volumes for 1st Forecast Year',52,0)*1.1
Would someone help me with where i'm going wrong? I've looked at Anapedia for help, but I'm still quite stuck.
So full disclosure - I am trying to wrap up Sprint 3 of Level 2 so please don't consider me a "Master Anaplanner".
But a couple of questions that might help you:
1. What are you seeing that makes you think that your formula is incorrect? My hunch is that you are not seeing values in FY21. If that is the case, you should look at the parameters that OFFSET utilizes, specifically the offset value itself. Read th first paragraph in Anapedia closely.
2. Why are you multiplying by 1.1? Remember, this is the baseline forecast...I don't think it should take into account any growth rate.
IF 'SYS01 Time Settings By Week'.'1st Forecast Year?' THEN 'DAT03 Historic Volumes'.'Offset Volumes for 1st Forecast Year' ELSE IF 'SYS01 Time Settings By Week'.'2nd Forecast Year?' THEN OFFSET('DAT03 Historic Volumes'.'Offset Volumes for 1st Forecast Year',-52,0) ELSE 0
But I am now getting a time range error. Would best practice be adjusting DEM03 to match the same time ranges as DAT03?
I hope you found the answer you were looking for and moved ahead, if not then read on. First, let's go back to the requirement
We have 3 FYs in play here:
FY 19. This is actual historical data from the past and we don't need - or shouldn't - change it.
FY 20 which is our 1 st forecasting year (current/base year)
FY 21 which is the 2nd forecasting year.
The "issue" we are trying to address is to find a base forecast for the base forecast year FY20 only
The exercise suggested that you use the same data from FY19 and preserve seasonality. You have actually calculated this Base Forecast value in another module (Historical). I hope you used the right sign for the 52 to determine you want to read from the prior year
Now look at the last bullet point of the instructions
If it is the first forecast year, then offset the values from the volumes 52 weeks earlier, else 0.
It is directing you to how to get the base forecast - which is only for the base forecast year/1st forecast year/FY20
Any other values are not considered Base Forecast and the value should be 0 as instructed.
I hope that helps you and/or anyone who might be having the same question.