Background: I have been given a yearly forecast for a product. I have also looked up actual sales for this product for the first half of the year. The actual demand seems "spikier" than the forecast.
The forecast accounts for promotions and seasonality.
I do not know how the forecasts are developed but they seem to be more accurate when the demand spikes. I also suspect that the forecast becomes less accurate as time goes on because it is created for the entire year and not updated until next year.
Challenge: How can I study the behavior of the forecast compared to the actual numbers and then adjust for it?
Raw data:
Same numbers in listCode:Forecast Actual 19183.3272 16653 32208.876 28931 27491.9968 25029 25056.3944 22153 28525.9616 26054 28492.3544 28823 24723.8336 24720 23773.9704 22583 29041.9408 26421 31325.5584 28772 34693.1336 34505 26171.6184 21967 22321.3368 17327 22263.4856 18404 27535.8032 27976 28900.9912 26802 26843.5952 21160 27597.8344 22652 26449.8392 21927 28135.048 24426 28934.4312 24383 25587.4216 24734 24521.856 20429 25059.7384 22658 22401.9272 18146 25519.5384 20982 25675.7032 20326 27549.3464 24476 25417.3792 22086 29116.0104 25090 29281.8728 22834 27603.8536 20418 30142.4512 25023 29374.1672 29615.1024 24717.48 31143.1432 32460.512 28484.3288 24079.7792 29370.9904 30232.2376 27689.46 24524.0296 26324.1048 25655.6392 21960.5192 21334.188 26529.4264 24357.8328 24102.184 19934.2224
Code:Forecast 19183.3272 32208.876 27491.9968 25056.3944 28525.9616 28492.3544 24723.8336 23773.9704 29041.9408 31325.5584 34693.1336 26171.6184 22321.3368 22263.4856 27535.8032 28900.9912 26843.5952 27597.8344 26449.8392 28135.048 28934.4312 25587.4216 24521.856 25059.7384 22401.9272 25519.5384 25675.7032 27549.3464 25417.3792 29116.0104 29281.8728 27603.8536 30142.4512 29374.1672 29615.1024 24717.48 31143.1432 32460.512 28484.3288 24079.7792 29370.9904 30232.2376 27689.46 24524.0296 26324.1048 25655.6392 21960.5192 21334.188 26529.4264 24357.8328 24102.184 19934.2224 Actual 16653 28931 25029 22153 26054 28823 24720 22583 26421 28772 34505 21967 17327 18404 27976 26802 21160 22652 21927 24426 24383 24734 20429 22658 18146 20982 20326 24476 22086 25090 22834 20418 25023
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