What is 'confidence level' in SAP CA-RT-CAR-OSA - SAP Customer Activity Repository On-Shelf Availability?

confidence level - Overview

• Component: CA-RT-CAR-OSA

• Component Name: SAP Customer Activity Repository On-Shelf Availability

• Description: A level of certainty in the result of the on-shelf availability algorithm calculation.

confidence level - Details

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  Key Concepts: 
  Confidence level is a measure of the accuracy of the data in the SAP Customer Activity Repository On-Shelf Availability (CA-RT-CAR-OSA) component. It is calculated based on the number of times a product has been scanned and the number of times it has been sold. The higher the confidence level, the more reliable the data is.
  
  How to use it: 
  The confidence level can be used to determine how reliable the data in the CA-RT-CAR-OSA component is. If the confidence level is high, then it is likely that the data is accurate and can be used to make decisions. If the confidence level is low, then it is likely that the data is not reliable and should not be used to make decisions.
  
  Tips & Tricks: 
  It is important to keep an eye on the confidence level of data in the CA-RT-CAR-OSA component. If it drops below a certain threshold, then it may be necessary to take corrective action to ensure that accurate data is being used.
  
  Related Information: 
  The SAP Customer Activity Repository On-Shelf Availability (CA-RT-CAR-OSA) component provides real-time visibility into product availability on store shelves. It also provides insights into customer buying behavior and helps retailers optimize their inventory management processes.