on 03-29-2016 3:59 PM
Hi All
I need some help from you. i have to get % result from calculate of MAPE Error.
I did the calculation through Standard formula but i didn't get exact result of which we are viewing in forecast error percentage tab. would you please let me know how to we are calculate MAPE Error percentage and is it any customizing calculation is done in background please let me inform
me. I have attached screen shot of error percentage.
Hello Rakesh,
Please refer below document for calculations of forecast errors.
Here please note that, system takes period as (n+1) and in general statistic, we use (n) period for stat error calculation.
Please refer
http://scn.sap.com/docs/DOC39791
regards,
Sachin
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hello Rakesh
Formula is
MAPE=Sum of Absolute values of % Difference of Actual and Ex-Post vs actuals )/N+1
Period | 1 | 2 | 3 | 4 | 5 |
Corrected Sales History | 28 | 89 | 40 | 81 | 90 |
Ex Post Forecast | 47 | 13 | 8 | 34 | 43 |
Diff Of Act and Ex | -19 | 75 | 32 | 47 | 47 |
% diff | -69.255 | 84.95761 | 79.58968 | 58.24243 | 52.00853 |
Abs of % | 69.25499 | 84.95761 | 79.58968 | 58.24243 | 52.00853 |
so for the above data set Sum of last Row is 344.0532 and periods are 5, MAPE = 344.0532 /6 = 57.3422
Regards
Abhishek
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Hi Abhishek Raj
Thanks to given update for MAPE Calculation
but i have small doubt when i calculate the %diff value it's gives different values to me.
Ex: i have calculate the your values -19/28*100 = -67.857 but your calculation shows me -69.255.
I have calculated based on your MAPE Calculation i was get the error result 2% different of actual result, will you please tell me how your are calculated %diff value.
Thanks
Rakesh
Hello Rakesh,
I check the old xls which had this example, its because the forecast and sales figures where generated using RAND function in xls and displayed without decimals. But the calculation formula and method is correct, what you got is correct number with the displayed figures.
Regards
Abhishek
User | Count |
---|---|
8 | |
4 | |
3 | |
2 | |
2 | |
1 | |
1 | |
1 | |
1 | |
1 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.