Measuring Accuracy

J

John Moore

Hi guys, I'm looking for a good way to meaure demand accuracy across a range
of products each month. Does anyone know of a good way to do this ?
 
J

Joel

Not sure what you are looking for. The formula is easy, arre you looking for
recommmendattions on how to setup the spreadsheet? Is the problem the "Range
of Products"?

Error = (Actual - Forecast)/Actual

Accuracy = 1 - Error.
 
J

John Moore

Hi Joel, yeah, that is the formula I am using ,, and I have a format already
made up, but thanks for the offer. I was looking for any other ways of
measuring accuracy , are you awrae of anywhere that could help?
 
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