InterviewSolution
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What Is Forecasting In Sap System? |
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Answer» FORECASTING is a future PREDICTION which is an uncertain process. Most business decisions are based on forecasts, such as decision of material requirements. While making business decisions, forecasts are continuously needed. The impact of the FORECAST on actual results is first evaluated and the initial forecasts are updated and then accordingly the decisions are MODIFIED. Forecasting is a future prediction which is an uncertain process. Most business decisions are based on forecasts, such as decision of material requirements. While making business decisions, forecasts are continuously needed. The impact of the forecast on actual results is first evaluated and the initial forecasts are updated and then accordingly the decisions are modified. |
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