Get the optimal value of parameter undo_retention(in secs)

SELECT d.undo_size/(1024*1024) "ACTUAL UNDO SIZE [MByte]",
SUBSTR(e.value,1,25) "UNDO RETENTION [Sec]",
ROUND((d.undo_size / (to_number(f.value) *
g.undo_block_per_sec))) "OPTIMAL UNDO RETENTION [Sec]"
FROM (
SELECT SUM(a.bytes) undo_size
FROM v$datafile a,
v$tablespace b,
dba_tablespaces c
WHERE c.contents = 'UNDO'
AND c.status = 'ONLINE'
AND b.name = c.tablespace_name
AND a.ts# = b.ts#
) d,
v$parameter e,
v$parameter f,
(
SELECT MAX(undoblks/((end_time-begin_time)*3600*24))
undo_block_per_sec
FROM v$undostat
) g
WHERE e.name = 'undo_retention'
AND f.name = 'db_block_size'
/

Needed UNDO Size for Database Activity

You may need to increase the size of undo tablespace, you can use following query to get optimal size of undo tablespace needed.

SELECT d.undo_size/(1024*1024) "ACTUAL UNDO SIZE [MByte]",
SUBSTR(e.value,1,25) "UNDO RETENTION [Sec]",
(TO_NUMBER(e.value) * TO_NUMBER(f.value) *
g.undo_block_per_sec) / (1024*1024)
"NEEDED UNDO SIZE [MByte]"
FROM (
SELECT SUM(a.bytes) undo_size
FROM v$datafile a,
v$tablespace b,
dba_tablespaces c
WHERE c.contents = 'UNDO'
AND c.status = 'ONLINE'
AND b.name = c.tablespace_name
AND a.ts# = b.ts#
) d,
v$parameter e,
v$parameter f,
(
SELECT MAX(undoblks/((end_time-begin_time)*3600*24))
undo_block_per_sec
FROM v$undostat
) g
WHERE e.name = 'undo_retention'
AND f.name = 'db_block_size'
/

Increase the undo retention time(in secs) with following command:

show parameter undo_rentention
ALTER SYSTEM SET UNDO_RETENTION = 2400 scope=both;