Forecast method selection for shipment volume
For shipment volume, compare one-step monthly forecasts over the final 12 months: the same month last year versus the preceding three-month mean. Use only data available before each target month. Select the lower-MAE method (seasonal on ties) and forecast the next month.
- Expected
- 12 backtest rows, both MAEs, chosen method, one-month forecast · Forecast comparison
- Tables
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FactShipments, DimDate · columns
- Topics
- Forecasting & Planning