How Long to Read Demand Forecasting for Inventory Control

How Long Does it Take to Read Demand Forecasting for Inventory Control?

It takes the average reader 3 hours and 5 minutes to read Demand Forecasting for Inventory Control by Nick T. Thomopoulos

Assuming a reading speed of 250 words per minute. Learn more

Description

This book describes the methods used to forecast the demands at inventory holding locations. The methods are proven, practical and doable for most applications, and pertain to demand patterns that are horizontal, trending, seasonal, promotion and multi-sku. The forecasting methods include regression, moving averages, discounting, smoothing, two-stage forecasts, dampening forecasts, advance demand forecasts, initial forecasts, all time forecasts, top-down, bottom-up, raw and integer forecasts, Also described are demand history, demand profile, forecast error, coefficient of variation, forecast sensitivity and filtering outliers. The book shows how the forecasts with the standard normal, partial normal and truncated normal distributions are used to generate the safety stock for the availability and the percent fill customer service methods. The material presents topics that people want and should know in the work place. The presentation is easy to read for students and practitioners; there is little need to delve into difficult mathematical relationships, and numerical examples are presented throughout to guide the reader on applications. Practitioners will be able to apply the methods learned to the systems in their locations, and the typical worker will want the book on their bookshelf for reference. The potential market is vast. It includes everyone in professional organizations like APICS, DSI and INFORMS; MBA graduates, people in industry, and students in management science, business and industrial engineering.

How long is Demand Forecasting for Inventory Control?

Demand Forecasting for Inventory Control by Nick T. Thomopoulos is 183 pages long, and a total of 46,299 words.

This makes it 62% the length of the average book. It also has 57% more words than the average book.

How Long Does it Take to Read Demand Forecasting for Inventory Control Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 13 minutes to read Demand Forecasting for Inventory Control aloud.

What Reading Level is Demand Forecasting for Inventory Control?

Demand Forecasting for Inventory Control is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Demand Forecasting for Inventory Control?

Demand Forecasting for Inventory Control by Nick T. Thomopoulos is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Demand Forecasting for Inventory Control by Nick T. Thomopoulos on Amazon click the button below.