Configure the model calendar type to Weeks: 4-4-5, 4-5-4, or 5-4-4 if your source data is daily or weekly. This calendar type groups weeks into months (4-4-5, 4-5-4, or 5-4-4).
Note: PlanIQ doesn't support calendar periods in the data, such as P1 FY15.
To configure Weeks: 4-4-5, 4-5-4, or 5-4-4:
- Select Time in the model settings bar.
- Select Weeks: 4-4-5, 4-5-4 or 5-4-4 from Calendar Type dropdown.
- For your source data and forecast results, use these settings:
- End of Fiscal Year is: Select the Last radio button and set the date as Last Sat in Dec.
- Current Fiscal Year: Select a date range that includes when your actual data set ends. This date must align with the historical data.
- Number of Past Years: Enter the length of your historical data.
- Number of Future Years: Enter your forecast horizon. This is the length of time you want your predictions to cover.
Important: The Number of Past Years and the Number of Future Years should cover the whole length of your historical data and the forecast horizon. This makes sure your predictions can be imported into your forecast results module.
- Complete any other fields that remain. See Set the Weeks: 4-4-5, 4-5-4, or 5-4-4 calendar.
- Select Apply.
If you need to predict for a different amount of time, make sure you return to your model calendar and adjust the settings to match your new forecast horizon.
For additional information about the model calendar settings, see Set the Weeks: 4-4-5, 4-5-4, or 5-4-4 calendar.
