Coverart for item
The Resource Demand forecasting for inventory control, Nick T. Thomopoulos

Demand forecasting for inventory control, Nick T. Thomopoulos

Label
Demand forecasting for inventory control
Title
Demand forecasting for inventory control
Statement of responsibility
Nick T. Thomopoulos
Creator
Subject
Language
eng
Summary
"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"--Book jacket
Cataloging source
PU
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
Target audience
specialized
Label
Demand forecasting for inventory control, Nick T. Thomopoulos
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (page 178 ) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Demand forecasting for inventory control -- 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
Control code
15801952
Dimensions
25 cm
Extent
xiii, 183 pages
Isbn
9783319119755
Media category
unmediated
Media MARC source
rdamedia
Other physical details
colour illustrations
Label
Demand forecasting for inventory control, Nick T. Thomopoulos
Publication
Copyright
Bibliography note
Includes bibliographical references (page 178 ) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Demand forecasting for inventory control -- 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
Control code
15801952
Dimensions
25 cm
Extent
xiii, 183 pages
Isbn
9783319119755
Media category
unmediated
Media MARC source
rdamedia
Other physical details
colour illustrations

Library Locations

    • Albany LibraryBorrow it
      Gate 1, East Precinct, Albany Expressway (SH17), Albany, Auckland, 0632, NZ
      -36.733330 174.700641
    • Manawatū LibraryBorrow it
      Tennent Drive, Palmerston North, Palmerston North, 4472, NZ
      -40.385340 175.617349
Processing Feedback ...