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RDF -- How to Verify the Forecast Method Picked by the Forecasting Algorithm (Doc ID 363503.1)

Last updated on OCTOBER 17, 2023

Applies to:

Oracle Retail Demand Forecasting - Version 11.0.4.17 and later
Information in this document applies to any platform.
 
 
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Goal

Is there a sure way of determining the forecast method that is ultimately picked by the forecasting algorithm?  If I set the forecasting method to Causal, but the data does not support a good Causal forecast, how do I know that the system selected the fallback method rather than Causal?

In order to test whether Causal was chosen in my environment, I set the fallback parameter to two different methods and ran the forecast over the same data set.  The forecast figures remained the same, immaterial of which fallback method I chose.  Does this necessarily ensure that Causal was chosen, as the fallback parameter had no effect?  Is this approach correct, or is there another means of verifying which method was picked?

Solution

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