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What do the measures in Batching Accuracy mean?

This article defines each measure in Batching Accuracy so it's easy for a user to understand.

Plant

The batch plant name.

Indicative Cost Impact($)

The annualized cost impact of over or under batched raw materials. The cost is based off the net over and under batch amount and the cost associated with the raw material. The raw material cost breakdown is located in the dashboard settings. ​

Average Variation from Target (%)

The average variation from the target & of each raw material. The target amount for each material group is located in the dashboard settings. ​

​No. of Deliveries Out of Tolerance

The total number of deliveries that were batched outside the tolerance ranges set for each material group.​

​Standard Deviation(%)

The standard deviation for batches of each material. The higher the value, the more instances of over and under batching. ​

 A screenshot of a computer

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