£104.85

Springer Demand Forecasting for Inventory Control

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£105 today · all-time low £104 (May 2026) · usually £105

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£107.98 £103.94 £104.82 £105.70 £106.59 £107.47 £108.35 25 April 2026 14 May 2026 03 June 2026 23 June 2026 13 July 2026

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Most common price: £105 (40 days, 50.0%)

Price range: £104 - £108

Price levels: 3 different prices over 80 days

Description

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.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
27 September 2016
Listed Since
27 September 2016

Barcode

No barcode data available

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