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Demand Forecasting for Inventory Control

In: Demand Forecasting for Inventory Control

Author

Listed:
  • Nick T. Thomopoulos

    (Illinois Institute of Technology)

Abstract

Management is continually faced with a fast-paced flow of business planning and decision-making situations. A forecast of some type is used as a basis to meet many of these needs, whereby, the more reliable the forecasts Forecasts , the better the outcome for the planning and decisions. Forecasting has plagued management for centuries, but now, with the advancement in computers, forecasting methods that previously were impossible to explore are currently achievable.

Suggested Citation

  • Nick T. Thomopoulos, 2015. "Demand Forecasting for Inventory Control," Springer Books, in: Demand Forecasting for Inventory Control, edition 127, chapter 1, pages 1-10, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-11976-2_1
    DOI: 10.1007/978-3-319-11976-2_1
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    Citations

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    Cited by:

    1. Julieta MIHAYLOVA, 2023. "An Approach To Modeling The Probable Consumers Demand Of Food Products Using Pearson Distribution System And Johnson Distribution System," Business & Management Compass, University of Economics Varna, issue 3, pages 213-223.
    2. Sagaert, Yves R. & Kourentzes, Nikolaos & De Vuyst, Stijn & Aghezzaf, El-Houssaine & Desmet, Bram, 2019. "Incorporating macroeconomic leading indicators in tactical capacity planning," International Journal of Production Economics, Elsevier, vol. 209(C), pages 12-19.
    3. Koussaila Hamiche & Michel Fliess & Cédric Join & Hassane Abouaïssa, 2019. "Bullwhip effect attenuation in supply chain management via control-theoretic tools and short-term forecasts: A preliminary study with an application to perishable inventories," Post-Print hal-02050480, HAL.
    4. Tasdemir, Cagatay & Hiziroglu, Salim, 2019. "Achieving cost efficiency through increased inventory leanness: Evidences from oriented strand board (OSB) industry," International Journal of Production Economics, Elsevier, vol. 208(C), pages 412-433.

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