Essays about: "lumpy demand"
Found 3 essays containing the words lumpy demand.
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1. Demand Forecasting of Automobile Spare Parts after the End-of-Production - A review of demand forecasting models
University essay from Göteborgs universitet/Graduate SchoolAbstract : Demand forecasting of spare parts plays a crucial role in automobile industry where it generally requires a significant attention in controlling inventory. It is possible to maintain an optimal stock level when there is a continues supply at the Original Equipment Manufacturers (OEMs). READ MORE
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2. How to calculate forecast accuracy for stocked items with a lumpy demand : A case study at Alfa Laval
University essay from Mälardalens högskola/Akademin för innovation, design och teknikAbstract : Inventory management is an important part of a good functioning logistic. Nearly all the literature on optimal inventory management uses criteria of cost minimization and profit maximization. To have a well functioning forecasting system it is important to have a balance in the inventory. READ MORE
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3. Reducing Inventory and Optimizing the Lead time in a Custom order, High model mix Environment
University essay from Mälardalens högskola/Akademin för innovation, design och teknikAbstract : In this contemporary world, demand forecasting has become an effective tool for the success of any product organization. This is especially important when their components have long lead times and when the companies don’t build on order. READ MORE