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Can someone answer me the purpose of submodels in projects (Projects management & accounting module??
What should I use and how if I want to evaluate the forecasts monthly?
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Hi,
Can someone answer me the purpose of submodels in projects (Projects management & accounting module??
What should I use and how if I want to evaluate the forecasts monthly?
Hi Phuong N,
A forecast model names and identifies a specific forecast. After you've created the forecast model, you can add forecast lines to it. To add forecast lines for multiple items, use the Demand forecast lines page. To add forecast lines for a specific selected item, use the Released products page.
A forecast model can include forecasts from other forecast models. To achieve this result, you add other forecast models as submodels of a parent forecast model. You must create each relevant model before you can add it as a submodel of a parent forecast model.
The resulting structure gives you a powerful way to control forecasts, because it lets you combine (aggregate) the input from multiple individual forecasts. Therefore, from a planning point of view, it's easy to combine forecasts for simulations. For example, you might set up a simulation that is based on the combination of a regular forecast with the forecast for a spring promotion.
To view the forecast history,you can go to Master planning > Setup > Plans > History.
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