Glossary > —B— > Bias
Bias
((Total Forecast - Total Demand) / # of Slice for Forecast Error Calculation) Where:
# of Slice for Forecast Error Calculation is set on the Forecast Parameter
Calculated for a SKU Stream when the Forecasting AutoPilot process is run:
Calculated as follows when the Forecasting - Calculate Metrics AutoPilot process is run and the following are true:
The SKU Stream is an External stream
The Used In Total Forecast field on the Stream Configuration Details page is set to Yes
SKU Level
Bias is added for all of the Streams
Part Level
Bias is added for all of the SKUs of the part
Location Level
Over-forecasted and under-forecasted are considered separately
The absolute value of Bias (|Bias|)is added for all SKUs of that location
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