Inventory planning with forecasting expenditure /
Sharma, Sanjay (Professor of industrial engineering),
Inventory planning with forecasting expenditure / Sanjay Sharma. - pages cm
Includes bibliographical references and index.
Procurement -- Production -- Applications -- Highlights.
"In an industrial or business case, purchase or procurement is a significant function. Usually, a procurement plan is prepared on the basis of certain prediction of consumption pattern or demand. However, when this plan is implemented, then the desired benefit is obtained corresponding to the forecast accuracy. In the available literature, the forecasting accuracy is discussed a lot. A need is established to link the forecasting accuracy with a forecasting expenditure. After an explicit inclusion of the forecasting expenditure, the inventory planning for procurement/production is described in the present book"--
9781032209296 9781032212029
2021044816
Inventory control--Mathematical models.
Industrial procurement--Mathematical models.
Business forecasting--Mathematical models.
TS160 / .S5134 2022
658.7
Inventory planning with forecasting expenditure / Sanjay Sharma. - pages cm
Includes bibliographical references and index.
Procurement -- Production -- Applications -- Highlights.
"In an industrial or business case, purchase or procurement is a significant function. Usually, a procurement plan is prepared on the basis of certain prediction of consumption pattern or demand. However, when this plan is implemented, then the desired benefit is obtained corresponding to the forecast accuracy. In the available literature, the forecasting accuracy is discussed a lot. A need is established to link the forecasting accuracy with a forecasting expenditure. After an explicit inclusion of the forecasting expenditure, the inventory planning for procurement/production is described in the present book"--
9781032209296 9781032212029
2021044816
Inventory control--Mathematical models.
Industrial procurement--Mathematical models.
Business forecasting--Mathematical models.
TS160 / .S5134 2022
658.7