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Demand Forecasting for Inventory Control
Nick T. Thomopoulos
€ 194.14
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Description for Demand Forecasting for Inventory Control
Paperback. Num Pages: 196 pages, 28 colour illustrations, 72 black & white tables, biography. BIC Classification: KJMV9. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 11. Weight in Grams: 314.
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 ... Read more
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 ... Read more
Product Details
Publisher
Springer International Publishing AG
Format
Paperback
Publication date
2016
Condition
New
Number of Pages
183
Place of Publication
Cham, Switzerland
ISBN
9783319385679
SKU
V9783319385679
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Nick T. Thomopoulos
Nick T. Thomopoulos is professor emeritus at the Illinois Institute of Technology. He is the author of nine books, including: Applied Forecasting Methods, Prentice Hall, Strategic Inventory Management and Planning, Hitchcock, Essentials of Monte Carlo Simulation, Springer, and Production, Inventory and the Supply Chain, Atlantic Publishers. He has over 100 publications and presentations to his credit, and for many years, ... Read more
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