Forecasting with automatic model selection in SAP

Dear team,

We are in consumer goods industry and planning to implement sap APO-DP for forecasting process. What we are planning is to , to run the forecast , just select automatic model selection assuming that the this model will give us a good forecast accuracy . And also some new items are in the MTF items list, without any historical sales details, for the same how sap will generate forecast ?

Thanks for your help.

Vijesh