Create a forecast action to generate predictions based on your forecast model. This is the third step in the main PlanIQ activity flow.
After you've created a data collection (Stage 3, Step 1) and a forecast model (Stage 3, Step 2), create a forecast action. Then you can run it on demand or schedule it to generate forecasts automatically (Stage 3, Step 3).
To create a forecast action:
- In PlanIQ, select Forecast actions.
- Select New forecast action in the top right of the screen.
The configuration dialog for Create a forecast action displays. - Enter your Forecast action name.
Also, in Anaplan, add an item of the same name to the Forecast Action list (see Create a forecast results module). - Select a Forecast model from the dropdown.
The action uses this model to generate the forecasts. - Beneath Forecast import information, make the selections below.
- The Target workspace and Target model in which the your forecast results module exists.
- The Forecast import action previously created, based on this page.
If you selected a forecast model that uses the MVLR algorithm and want to access explanability information, select the Explainability import action to list and Explainability import action to module beneath Explainablity import information.
- Beneath Advanced, change the values of the lower and upper Forecast quantiles (optional). The values can be up to two decimal places (hundredths place).
- Enter a value between 0.01 and 0.49 in the Lower quantile field. The default value is 0.1.
- Enter a value between 0.51 and 0.99 in the Upper quantile field. The default value is 0.9.
- Select Create action.
- To run the forecast action on demand, follow the steps below.
- Select the forecast action you've created from the Forecast actions list.
- Select Run in the ellipsis menu. You can check the status in the Forecast actions page.
- To schedule the forecast action to run automatically, go to Schedule a forecast action.
- To run the forecast action on demand, follow the steps below.
