Demand Forecasting for Inventory Control

• Main Author: Thomopoulos, Nick T. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Subjects: Business.; Production management.; Operations research.; Decision making.; Business and Management.; Operation Research/Decision Theory.; Operations Management.

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...

Table of Contents:

• 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.