Definicja basic value
A part of the forecast model that displays the past level of the forecast model, during forecasting.
Depending on the forecast model used, the system adds a trend value to basic value or it multiplies the basic value by the seasonal index.
The basic value is calculated first by the system by means of historical data and is then updated after every period with the help of the alpha factor.
Słownik i definicje SAPa na B.