The forecasts on the ‘Inventory Status’ screen are projections for that particular plastic, whereas the forecasts on the ‘Plastic Package Detail’ screen is for the selected plastic type.
Forecasting data updates monthly. New inventory will begin populating fields following a full month of production usage. Forecasting requires seven months of data for complete estimates.
As Of: The date that forecasting data was calculated. Calculations are made on a monthly basis.
Est Months Remaining: A calculation of the remaining inventory based on current usage of stock. This is calculated using the current on hand, monthly averages, and forecast information.
Rolling 6 Months Reissue Forecast: Estimated volume per month over the next six months.
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