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Demand Forecasting for Inventory Control / / by Nick T. Thomopoulos



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Autore: Thomopoulos Nick T Visualizza persona
Titolo: Demand Forecasting for Inventory Control / / by Nick T. Thomopoulos Visualizza cluster
Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015
Edizione: 1st ed. 2015.
Descrizione fisica: 1 online resource (188 p.)
Disciplina: 330
658.40301
658.5
Soggetto topico: Operations research
Decision making
Production management
Operations Research/Decision Theory
Operations Management
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Introduction -- Demand History -- Horizontal Forecasts -- Trend Forecasts -- Seasonal Forecasts -- Promotion Forecasts -- Multi SKU Forecasts -- Forecast Sensitivity -- Filtering Outliers -- Standard Normal and Truncated Normal Distributions -- Safety Stock -- Auxiliary Forecasts.
Sommario/riassunto: 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 methods learned to the systems in their locations, and the typical worker will want the book on their bookshelf for reference.  The potential market is vast.  It includes everyone in professional organizations like APICS, DSI and INFORMS; MBA graduates, people in industry, and students in management science, business and industrial engineering.
Titolo autorizzato: Demand Forecasting for Inventory Control  Visualizza cluster
ISBN: 3-319-11976-1
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910298517503321
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