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Can I read Demand Forecasting for Inventory Control on EtoBox?

Demand Forecasting for Inventory Control by Nick T. Thomopoulos (auth.) is a nonfiction available to read on EtoBox.

What is Demand Forecasting for Inventory Control about?

This book describes the methods used to forecast the demands at inventory holding locations. The methods are proven, practical and doable for most applications, and pertain to demand patterns that are horizontal, trending, seasonal, promotion and multi-sku. The forecasting methods include regression, moving averages, discounting, smoothing, two-stage forecasts, dampening forecasts, advance demand forecasts, initial forecasts, all time forecasts, top-down, bottom-up, raw and integer forecasts, Also described are demand history, demand profile, forecast error, coefficient of variation, forecast sensitivity and filtering outliers. The book shows how the forecasts with the standard normal, partial normal and truncated normal distributions are used to generate the safety stock for the availability and the percent fill customer service methods. The material presents topics that people want and should know in the work place. The presentation is easy to read for students and practitioners; there is little need to delve into difficult mathematical relationships, and numerical examples are presented throughout to guide the reader on applications. Practitioners will be able to apply the metho

Who reads Demand Forecasting for Inventory Control?

It is typically read by self-directed learners exploring a subject in depth.

Common subject areas: history, science, philosophy, social sciences.

Author
Nick T. Thomopoulos (auth.)
Publisher
Springer International Publishing
Published
2015
Language
EN
ISBN
9783319385679
Category
nonfiction
Subjects
Business, Management, Technology

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