FST ~ Forecast Methods

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Forecast Methods

Displays default forecast method used when adding a new customer.

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Description:

The Mean Absolute Deviation (MAD) of a set of data points is the average distance between each data value and the mean (product average). The Mean Absolute Deviation allows us to filter out fluctuations for forecasting and correctly flag exceptions for our users.

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Table Code Description 1: Mean Absolute Deviation
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Description:

Standard deviation is a forecast method that is based on the data set.

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Table Code Description 1: Standard Deviation
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