Inventory planning with forecasting expenditure / Sanjay Sharma.

By:

Sharma, Sanjay (Professor of industrial engineering) [author.]

Material type:

TextPublisher: Boca Raton : CRC Press, 2022Description: pages cmContent type:

text

Media type:

unmediated

Carrier type:

volume

ISBN:

9781032209296
9781032212029

Subject(s):

Additional physical formats: Online version:: Inventory planning with forecasting expenditure.DDC classification:

658.7 23/eng/20211230

LOC classification:

TS160 .S5134 2022

Contents:

Procurement -- Production -- Applications -- Highlights.

Summary: "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"-- Provided by publisher.

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Holdings
Cover image	Item type	Current library	Home library	Collection	Shelving location	Call number	Materials specified	Vol info	URL	Copy number	Status	Notes	Date due	Barcode	Item holds	Item hold queue priority	Course reserves
	Books	CUoM Library General Stacks		Business Management/Accounting/Marketing		658.7 SHA (Browse shelf(Opens below))					Available			00014870

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"-- Provided by publisher.

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