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February 5, 2018
Demand Planning uses forecasts (link: see what is forecasting) to help highlight opportunities and threats; tell us ahead of time what we expect sales of a product...
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December 13, 2017
The question of whether forecasts are necessary crops up from time to time. The inescapable conclusion is that no matter what type
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Designed to deal with sporadic demand (no seasonality) with a two-step process. The main goal is to provide a good safety stock, resulting in a situation where there is neither over or under stock. This is accomplished by considering two aspects of the data: the demand size and the…
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