Demand Forecasting and Inventory Control: A Computer Aided Learning Approach - Hardcover

Lewis, Colin

 
9781855732414: Demand Forecasting and Inventory Control: A Computer Aided Learning Approach

Inhaltsangabe

A practical guide to the forecasting and inventory control methods used in commercial, retail and manufacturing companies. Colin Lewis explains the theory and practice of demand forecasting methods, the links between forecasts produced as a result of analyzing demand data and the various methods by which this information, together with cost information on stocked items, is used to establish the controlling parameters of the most commonly-used inventory control systems. The demand forecasting section of the book concentrates on the family of short-term forecasting models based on the exponentially weighted average and its many variants and also a group of medium-term forecasting models based on a time series, curve fitting approach. The inventory control sections investigate the re-order level policy and re-order cycle policy and indicate how these two processes can be operated at minimum cost while offering a high level of customer service.

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Reseña del editor

This practical book covers the forecasting- and inventory control methods used in commercial, retail and manufacturing companies.

Colin Lewis explains the theory and practice of current demand forecasting methods, the links between forecasts produced as a result of analysing demand data and the various methods by which this information, together with cost information on stocked items, is used to establish the controlling parameters of the most commonly used inventory control systems.

The demand forecasting section of the book concentrates on the family of short-term forecasting models based on the exponentially weighted average and its many variants and also a group of medium-term forecasting models based on a time series, curve fitting approach. The inventory control sections investigate the re-order level policy and re-order cycle policy and indicate how these two processes can be operated at minimum cost while offering a high level of customer service.

Covers both the theory and practice of current demand forecasting methods
Is published in association with The Institute of Operations Management

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Weitere beliebte Ausgaben desselben Titels

9780471253389: Demand Forecasting and Inventory Control: A Computer Aided Learning Approach

Vorgestellte Ausgabe

ISBN 10:  0471253383 ISBN 13:  9780471253389
Verlag: John Wiley & Sons Inc, 1998
Hardcover