MRP glossary TOP > Demand Forecast > Irregular Component
Irregular Component
Irregular Component
It is a variable element in the time-series analysis of forecast, and shows the variation which cannot be described by trend, cycle movement, and seasonal variation. It generally refers to the variation which incidentally occurs in a number of factors difficult to be identified and their relationship with each other.
Related term: Time Series Analysis
It is a variable element in the time-series analysis of forecast, and shows the variation which cannot be described by trend, cycle movement, and seasonal variation. It generally refers to the variation which incidentally occurs in a number of factors difficult to be identified and their relationship with each other.
Related term: Time Series Analysis
Reference:JIT Business Research Mr. Hirano Hiroyuki