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Demand forecasting and inventory con...

Institute of Operations Management.

Demand forecasting and inventory controla computer aided learning approach /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Demand forecasting and inventory controlColin D. Lewis.
Reminder of title:	a computer aided learning approach /
Author:	Lewis, C. D.
Published:	Cambridge, England :Woodhead Pub. in association with the Institute of Operations Management,c1997.
Description:	xii, 157 p. :ill. ;24 cm. +1 computer disk (3 1/2 in.)
Subject:	Inventory controlData processing.
Online resource:	An electronic book accessible through the World Wide Web; click for information
ISBN:	9781855732414

Demand forecasting and inventory controla computer aided learning approach /
Lewis, C. D.

Demand forecasting and inventory controla computer aided learning approach /[electronic resource] :Colin D. Lewis. - Cambridge, England :Woodhead Pub. in association with the Institute of Operations Management,c1997. - xii, 157 p. :ill. ;24 cm. +1 computer disk (3 1/2 in.)

Includes bibliographical references and index.

Forecasting - Demand forecasting and inventory control; Short-term forecasting for stationary demand situations; Short-term forecasting for growth and seasonality; Medium-term forecasting for growth and seasonality; The essential links between forecasting and inventory control; Inventory control: the re-order level inventory policy - Establishing the value for the re-order level; Establishing the size of the replenishment order; Examining the relationship between the re-order level and the replenishment quantity; Inventory control: the re-order cycle inventory policy - Establishing the review period and maximum stock level; Conclusion - Selecting the most appropriate inventory control policy.

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.

Electronic reproduction.
Amsterdam :
Elsevier Science & Technology,
2009.

Mode of access: World Wide Web.

ISBN: 9781855732414

Source: 96118:96117Elsevier Science & Technologyhttp://www.sciencedirect.comSubjects--Topical Terms:

212305
Inventory control
--Data processing.Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: TS160 / .L46 1997

Dewey Class. No.: 658.7

Demand forecasting and inventory controla computer aided learning approach /
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505 0 $a Forecasting - Demand forecasting and inventory control; Short-term forecasting for stationary demand situations; Short-term forecasting for growth and seasonality; Medium-term forecasting for growth and seasonality; The essential links between forecasting and inventory control; Inventory control: the re-order level inventory policy - Establishing the value for the re-order level; Establishing the size of the replenishment order; Examining the relationship between the re-order level and the replenishment quantity; Inventory control: the re-order cycle inventory policy - Establishing the review period and maximum stock level; Conclusion - Selecting the most appropriate inventory control policy.
520 $a 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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