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How to determine the values for Model Parameters in Forecasting

Hello Gurus,

On basis we will determine the values for the Model Parameter values (Alpha, Beta, Gamma, Sigma).



Former Member

Dear Siva,

the values are dependent from the forecast stratey and forecast model.

The forecast strategy determines the method or the techniques that are used to create the forecast. You set the forecast strategy in the forecast profile.

There are some settings that you must make for certain forecast strategies. The table below shows you which settings these are. You make these settings either in the univariate forecast profile or under the Model and Parameters tabs of the Forecast view on the demand planning desktop.

Model initialization is the process by which the system determines the necessary model parameters for the chosen forecast model. These parameters are in following link:

I hope this helps you further.



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