Forecast Accuracy Measurement – Odette

Available inForecast Accuracy Measurement - Odette


The FAI provides a calculation to establish an objective situation of the forecasts provided by a customer in comparison with the real demand.

This file is free to download.


Contents of this standard:

  1. General information
  2. Requirements and goals of forecast accuracy measurement
  3. Performance indicator for measuring forecast accuracy
  4. Recommendations for application
  5. Recommandation for analysis and detection of unstable forecast quantities
  6. Factors influencing measurement
  7. Counter-measures
  8. Optimization flow chart
  9. Summary
  10. Appendices