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Component: CA-DDF-RT
Component Name: Demand Data Foundation for Retail
Description: The time period for which a holdout forecast is calculated.
Key Concepts: The holdout period is a feature of the Demand Data Foundation for Retail (CA-DDF-RT) component of SAP. It is a time period during which the system does not use historical data to forecast demand. Instead, it uses only the most recent data available. This allows the system to better adapt to changing market conditions and customer preferences. How to use it: The holdout period can be set up in the Demand Data Foundation for Retail (CA-DDF-RT) component of SAP. It is typically set up as a percentage of the total forecast period, such as 10%. This means that the system will use only the most recent 10% of data available when forecasting demand. Tips & Tricks: It is important to note that the holdout period should not be set too high, as this could lead to inaccurate forecasts. Additionally, it is important to ensure that the holdout period is set up correctly in order to ensure that the system is using the most up-to-date data when forecasting demand. Related Information: The holdout period is an important feature of the Demand Data Foundation for Retail (CA-DDF-RT) component of SAP. It can help ensure that forecasts are more accurate and up-to-date by using only the most recent data available. Additionally, it can help reduce forecasting errors by allowing the system to better adapt to changing market conditions and customer preferences.