What is extrapolation in SAP IS-U-DM-MR - Meter Reading?

SAP Term: extrapolation

• Component: IS-U-DM-MR

• Component Name: Meter Reading

• Description: Procedure used for determining expected consumption or demand. The system uses a weighting procedure based on one of the following: Meter reading result from comparison period Period consumption User-specific requirement

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• Key Concepts: 
  Extrapolation is a process used in SAP IS-U-DM-MR Meter Reading to estimate the amount of energy consumed by a customer based on past readings. It is used when a meter reading is not available or when the meter reading is not up to date. The extrapolation process uses the customer's past readings to calculate an estimated amount of energy consumed. 
  
  How to use it: 
  In SAP IS-U-DM-MR Meter Reading, extrapolation can be used to estimate the amount of energy consumed by a customer. To do this, the system will look at the customer's past readings and use them to calculate an estimated amount of energy consumed. The system will then use this estimated amount to calculate the customer's bill. 
  
  Tips & Tricks: 
  When using extrapolation in SAP IS-U-DM-MR Meter Reading, it is important to remember that the estimated amount of energy consumed may not be accurate. Therefore, it is important to double check the accuracy of the extrapolated amount before calculating the customer's bill. 
  
  Related Information: 
  Extrapolation is also used in other areas of SAP such as forecasting and budgeting. Additionally, there are other methods for estimating energy consumption such as using historical data or using predictive analytics.