What is Outlier group In APO?
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Answer / james bond
Not sure if outlier group exist in APO.....
Outlier: Lets say you have planned your expenses @ 500 $ per
month. However due to festivities you see sudden spike in
your expenses in the month of Oct, Nov and Dec (say by 400
). Your annual forecast was 6000 but due to recent 3 month
activity actual is 7200. These spikes are called outlier.
Smoothing: When you account for these changes over a period
of time (even distribution). In this case it would be 600
per month instead of 500 till Sept and 900 for Oct, Nov & Dec.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / lova
I am not aware of anything called "outlier group" in APO.
Outlier correction is an optional function you can use
during statistical forecasting to clean your historical
data of points that are much higher/lower than the rest of
your numbers. You can influence the "sensitivity" of the
function by changing the so-called sigma factor (unlike the
name suggests it is NOT standard deviation) which defines
the threshold over/under which numbers are
considered "outliers".
Is This Answer Correct ? | 5 Yes | 3 No |
Answer / srihari
first time it performs out layer correction like very high history data/ low history is adjusted, then the second time on words calculating the forecast based on corrected history.
Out layer correction is used non promotional products.
Is This Answer Correct ? | 0 Yes | 0 No |
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