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kjetil b halvorsen
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Intuitively, I have a greater confidence in a forecast performed on data at an aggregate (e.g. total company) level than the sum of forecasts at made a detailed level (e.g. product).

However, when there is a requirement to produce both, what are the recommended approaches to bring one in line with the other?

I've just started to use the wonderful fable package (and other associated R packages).

My current thought is to do both, and then proportionally reduce the detailed forecast so that its sum is equal to the aggregate forecast.

Thanks in advance -Andrew

Intuitively, I have a greater confidence in a forecast performed on data at an aggregate (e.g. total company) level than the sum of forecasts at made a detailed level (e.g. product).

However, when there is a requirement to produce both, what are the recommended approaches to bring one in line with the other?

I've just started to use the wonderful fable package (and other associated R packages).

My current thought is to do both, and then proportionally reduce the detailed forecast so that its sum is equal to the aggregate forecast.

Thanks in advance -Andrew

Intuitively, I have a greater confidence in a forecast performed on data at an aggregate (e.g. total company) level than the sum of forecasts at made a detailed level (e.g. product).

However, when there is a requirement to produce both, what are the recommended approaches to bring one in line with the other?

I've just started to use the wonderful fable package (and other associated R packages).

My current thought is to do both, and then proportionally reduce the detailed forecast so that its sum is equal to the aggregate forecast.

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aja
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What are the recommend approaches for adjusting forecasts made at a detailed level, to match a forecast made at an aggregate (total) level?

Intuitively, I have a greater confidence in a forecast performed on data at an aggregate (e.g. total company) level than the sum of forecasts at made a detailed level (e.g. product).

However, when there is a requirement to produce both, what are the recommended approaches to bring one in line with the other?

I've just started to use the wonderful fable package (and other associated R packages).

My current thought is to do both, and then proportionally reduce the detailed forecast so that its sum is equal to the aggregate forecast.

Thanks in advance -Andrew