Definicja like modeling

Most forecasting methods are based on historical data. For new products, products with short lifecycles or products for which not enough data is available, "like" modeling can be applied. The "like" modeling approach allows the planner to use the historical data of another product or products ("like products") to create demand forecasts. In APO Demand Planning, such forecasts are based on "like profiles" which contain information as to which "like products" should be used and how their data should be scaled.