FREE ONLINE WORKSHOPS WITH

ALL WORKSHOPS HER

French speaking ICI

OTHER RESSOURCES
FREE EXCEL & TOOLS
FRENCH ENGLISH
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Edouard Thieuleux - Founder of AbcSupp
https://www.linkedin.com/in/edouardthie

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ORKSHOPS WITH EDOUARD

WORKSHOPS HERE
ench speaking ICI

ER RESSOURCES
ALL MY COURSES & METHODS
FRENCH ENGLISH
 Enjoy this file 🙂
eux - Founder of AbcSupplyChain
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data, visual and examples

FORECAST ACCURACY
Quantity or value
Forecast from Absolute
Week Brand Item Demand Error
Week 32 error
33 Nike item 1 $ 100.00 $ 100.00 $ - $0
33 Nike item 2 $ 70.00 $ 100.00 $ -30.00 $30
33 Nike item 3 $ 100.00 $ - $ 100.00 $100
33 Nike item 4 $ 30.00 $ 100.00 $ -70.00 $70
33 Adidas item 5 $ 120.00 $ 100.00 $ 20.00 $20
33 Adidas item 6 $ 500.00 $ 450.00 $ 50.00 $50
33 Adidas item 7 $ 150.00 $ 100.00 $ 50.00 $50
33 Adidas item 8 $ 100.00 $ 120.00 $ -20.00 $20
33 Adidas item 9 $ 50.00 $ 100.00 $ -50.00 $50
33 Adidas item 10 $ 50.00 $ 80.00 $ -30.00 $30
TOTAL $ 1,270.00 $ 1,250.00 $20 $420

Method %Error %Accuracy Recommendation

BIAS 2% Complementary Brand

MAPE 39% 61% Not Recommended Adidas
MAE 34% 66% Recommended Nike
RMSE 40% 60% Data science & ML only Total Result
 1-Error = Accuracy
Error² % Error % Accuracy

$ - 0% 100%
$ 900 30% 70%
$ 10,000 100% 0%
$ 4,900 70% 30%
$ 400 20% 80%
$ 2,500 11% 89%
$ 2,500 50% 50%
$ 400 17% 83%
$ 2,500 50% 50%
$ 900 38% 63%
$25,000

Data
Forecast Demand
970 950
300 300
1270 1250