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Forecast Accuracy (Demand vs. Actual Production)

Purpose -

Assesses accuracy of demand forecasting compared to actual build.

Operational Definition -

(1 -|(Forecast - Actual)/ Actual|) × 100

Type of Metrics -

KPI

Function -

Planning - Demand

Associate Function -

Planning - Demand

Desired Trend -

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Recommended Frequency - 

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External References -

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