Operations / Demand Planning

Forecast Accuracy (MAPE / WMAPE / Bias) MAPE, WMAPE, WAPE

How close the demand forecast came to actual, as an error percentage, and whether it consistently leaned high or low.

The fork, why two teams get different numbers

The headline number depends entirely on which error statistic you pick.

In the Metric LibraryGet the Metric Library

Reference: IBF / APICS demand-planning convention · Silver-Pyke-Peterson forecasting · tracking-signal control theory