Code: 19650487

Intermittent Demand Forecasting

Name: Intermittent Demand Forecasting
Brand: LAP Lambert Academic Publishing
SKU: 19650487
Price: 32.04 EUR
Availability: InStock
Author: Jitendra Nagar
ISBN: 9786139832040

by Jitendra Nagar, Arvind Bhardwaj, Rahul S. Mor

Language: English
Binding: Paperback
Number of pages: 68
Publisher: LAP Lambert Academic Publishing, 2018
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Book synopsis

The forecasting accuracy depends on characteristics exhibited by the product's demand history. This book deals with various forecasting methods to reduce the demand errors of intermittent demand items using quantitative methods. The errors have been compared for various methods using mean absolute scaled error. Further, the lean tools have been employed for reducing the rate of rejections thereby boosting the employee morale and customer satisfaction.