Demand Forecasting for Inventory Control PDF Download

Author: Nick T. Thomopoulos
Publisher: Springer
ISBN: 3319119761
Category : Business & Economics
Languages : en
Pages : 188

View

Book 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.

Author:
Publisher: Transportation Research Board
ISBN: 0309214009
Category : Traffic estimation
Languages : en
Pages : 170

View

Book Description
TRB’s National Cooperative Highway Research Program (NCHRP) Report 716: Travel Demand Forecasting: Parameters and Techniques provides guidelines on travel demand forecasting procedures and their application for helping to solve common transportation problems.

Author: Rob J Hyndman
Publisher: OTexts
ISBN: 0987507117
Category : Business & Economics
Languages : en
Pages : 380

View

Book Description
Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.

Author: Michael Gilliland
Publisher: John Wiley & Sons
ISBN: 1119782473
Category : Business & Economics
Languages : en
Pages : 435

View

Book Description
Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.

Author: Kenneth A. Small
Publisher: Taylor & Francis
ISBN: 135165344X
Category : Business & Economics
Languages : en
Pages : 433

View

Book Description
This new edition of the seminal textbook The Economics of Urban Transportation incorporates the latest research affecting the design, implementation, pricing, and control of transport systems in towns and cities. The book offers an economic framework for understanding the societal impacts and policy implications of many factors including congestion, traffic safety, climate change, air quality, COVID-19, and newly important developments such as ride-hailing services, electric vehicles, and autonomous vehicles. Rigorous in approach and making use of real-world data and econometric techniques, the third edition features a new chapter on the special challenges of managing the energy that powers transportation systems. It provides fully updated coverage of well-known topics and a rigorous treatment of new ones. All of the basic topics needed to apply economics to urban transportation are included: Forecasting demand for transportation services under various conditions Measuring costs, including those incurred by users and incorporating two new tools to describe congestion in dense urban areas Setting prices under practical constraints Evaluating infrastructure investments Understanding how private and public sectors interact to provide services Written by three of the field’s leading researchers, The Economics of Urban Transportation is essential reading for students, researchers, and practicing professionals in transportation economics, planning, engineering, or related disciplines. With a focus on workable models that can be adapted to future needs, it provides tools for a rapidly changing world.

Author: Charles W. Chase
Publisher: John Wiley & Sons
ISBN: 0470531010
Category : Business & Economics
Languages : en
Pages : 335

View

Book Description
Praise for Demand-Driven Forecasting A Structured Approach to Forecasting "There are authors of advanced forecasting books who take an academic approach to explaining forecast modeling that focuses on the construction of arcane algorithms and mathematical proof that are not very useful for forecasting practitioners. Then, there are other authors who take a general approach to explaining demand planning, but gloss over technical content required of modern forecasters. Neither of these approaches is well-suited for helping business forecasters critically identify the best demand data sources, effectively apply appropriate statistical forecasting methods, and properly design efficient demand planning processes. In Demand-Driven Forecasting, Chase fills this void in the literature and provides the reader with concise explanations for advanced statistical methods and credible business advice for improving ways to predict demand for products and services. Whether you are an experienced professional forecasting manager, or a novice forecast analyst, you will find this book a valuable resource for your professional development." —Daniel Kiely, Senior Manager, Epidemiology, Forecasting & Analytics, Celgene Corporation "Charlie Chase has given forecasters a clear, responsible approach for ending the timeless tug of war between the need for 'forecast rigor' and the call for greater inclusion of 'client judgment.' By advancing the use of 'domain knowledge' and hypothesis testing to enrich base-case forecasts, he has empowered professional forecasters to step up and impact their companies' business results favorably and profoundly, all the while enhancing the organizational stature of forecasters broadly." —Bob Woodard, Vice President, Global Consumer and Customer Insights, Campbell Soup Company

Author: John E. Boylan
Publisher: John Wiley & Sons
ISBN: 1119135303
Category : Medical
Languages : en
Pages : 403

View

Book Description
INTERMITTENT DEMAND FORECASTING The first text to focus on the methods and approaches of intermittent, rather than fast, demand forecasting Intermittent Demand Forecasting is for anyone who is interested in improving forecasts of intermittent demand products, and enhancing the management of inventories. Whether you are a practitioner, at the sharp end of demand planning, a software designer, a student, an academic teaching operational research or operations management courses, or a researcher in this field, we hope that the book will inspire you to rethink demand forecasting. If you do so, then you can contribute towards significant economic and environmental benefits. No prior knowledge of intermittent demand forecasting or inventory management is assumed in this book. The key formulae are accompanied by worked examples to show how they can be implemented in practice. For those wishing to understand the theory in more depth, technical notes are provided at the end of each chapter, as well as an extensive and up-to-date collection of references for further study. Software developments are reviewed, to give an appreciation of the current state of the art in commercial and open source software. “Intermittent demand forecasting may seem like a specialized area but actually is at the center of sustainability efforts to consume less and to waste less. Boylan and Syntetos have done a superb job in showing how improvements in inventory management are pivotal in achieving this. Their book covers both the theory and practice of intermittent demand forecasting and my prediction is that it will fast become the bible of the field.” —Spyros Makridakis, Professor, University of Nicosia, and Director, Institute for the Future and the Makridakis Open Forecasting Center (MOFC). “We have been able to support our clients by adopting many of the ideas discussed in this excellent book, and implementing them in our software. I am sure that these ideas will be equally helpful for other supply chain software vendors and for companies wanting to update and upgrade their capabilities in forecasting and inventory management.” —Suresh Acharya, VP, Research and Development, Blue Yonder. “As product variants proliferate and the pace of business quickens, more and more items have intermittent demand. Boylan and Syntetos have long been leaders in extending forecasting and inventory methods to accommodate this new reality. Their book gathers and clarifies decades of research in this area, and explains how practitioners can exploit this knowledge to make their operations more efficient and effective.” —Thomas R. Willemain, Professor Emeritus, Rensselaer Polytechnic Institute.

Author: Michael Patriksson
Publisher: Courier Dover Publications
ISBN: 0486802272
Category : Mathematics
Languages : en
Pages : 244

View

Book Description
This monograph provides both a unified account of the development of models and methods for the problem of estimating equilibrium traffic flows in urban areas and a survey of the scope and limitations of present traffic models. The development is described and analyzed by the use of the powerful instruments of nonlinear optimization and mathematical programming within the field of operations research. The first part is devoted to mathematical models for the analysis of transportation network equilibria; the second deals with methods for traffic equilibrium problems. This title will interest readers wishing to extend their knowledge of equilibrium modeling and analysis and of the foundations of efficient optimization methods adapted for the solution of large-scale models. In addition to its value to researchers, the treatment is suitable for advanced graduate courses in transportation, operations research, and quantitative economics.

Author: Diego Rodrigues
Publisher: Diego Rodrigues
ISBN:
Category : Business & Economics
Languages : en
Pages : 119

View

Book Description
In this transformative book, delve deep into the world of demand forecasting enhanced by artificial intelligence and machine learning, where every decision is based on precise data and strategic insights. This essential resource is crafted for professionals seeking to master cutting-edge techniques, ensuring that your business not only adapts but thrives in a volatile and ever-evolving market. By exploring advanced forecasting methods, you will learn to identify hidden trends, optimize inventories, reduce costs, and avoid bottlenecks that often compromise operational efficiency. With practical and detailed examples, this guide offers a clear and actionable approach designed to elevate your expertise and position your company ahead of the competition. Ensure that every step you take is backed by robust analysis and accurate forecasts, transforming the way you conduct business and driving sustainable growth. This is the ultimate tool for any leader who wants to make informed decisions, mitigate risks, and maximize return on investment in an increasingly dynamic and challenging corporate environment. Keywords: demand forecasting artificial intelligence machine learning profit optimization inventory management cost minimization operational efficiency digital transformation Google AWS Microsoft IBM Oracle SAP Salesforce Tableau Power BI Python R Hadoop Spark IoT Big Data data analysis neural networks deep learning predictive algorithms technological innovation business transformation business competitiveness supply chain management trend analysis process optimization strategic decision making predictive models time series analysis random forests linear regression decision trees Python Java Linux Kali Linux HTML ASP.NET Ada Assembly Language BASIC Borland Delphi C C# C++ CSS Cobol Compilers DHTML Fortran General HTML Java JavaScript LISP PHP Pascal Perl Prolog RPG Ruby SQL Swift UML Elixir Haskell VBScript Visual Basic XHTML XML XSL Django Flask Ruby on Rails Angular React Vue.js Node.js Laravel Spring Hibernate .NET Core Express.js TensorFlow PyTorch Jupyter Notebook Keras Bootstrap Foundation jQuery SASS LESS Scala Groovy MATLAB R Objective-C Rust Go Kotlin TypeScript Elixir Dart SwiftUI Xamarin React Native NumPy Pandas SciPy Matplotlib Seaborn D3.js OpenCV NLTK PySpark BeautifulSoup Scikit-learn XGBoost CatBoost LightGBM FastAPI Celery Tornado Redis RabbitMQ Kubernetes Docker Jenkins Terraform Ansible Vagrant GitHub GitLab CircleCI Travis CI Linear Regression Logistic Regression Decision Trees Random Forests FastAPI AI ML K-Means Clustering Support Vector Tornado Machines Gradient Boosting Neural Networks LSTMs CNNs GANs ANDROID IOS MACOS WINDOWS Nmap Metasploit Framework Wireshark Aircrack-ng John the Ripper Burp Suite SQLmap Maltego Autopsy Volatility IDA Pro OllyDbg YARA Snort ClamAV iOS Netcat Tcpdump Foremost Cuckoo Sandbox Fierce HTTrack Kismet Hydra Nikto OpenVAS Nessus ZAP Radare2 Binwalk GDB OWASP Amass Dnsenum Dirbuster Wpscan Responder Setoolkit Searchsploit Recon-ng BeEF aws google cloud ibm azure databricks nvidia meta x Power BI IoT CI/CD Hadoop Spark Pandas NumPy Dask SQLAlchemy web scraping mysql big data science openai chatgpt Handler RunOnUiThread()Qiskit Q# Cassandra Bigtable VIRUS MALWARE docker kubernetes Kali Linux Nmap Metasploit Wireshark information security pen test cybersecurity Linux distributions ethical hacking vulnerability analysis system exploration wireless attacks web application security malware analysis social engineering Android iOS Social Engineering Toolkit SET computer science IT professionals cybersecurity careers cybersecurity expertise cybersecurity library cybersecurity training Linux operating systems cybersecurity tools ethical hacking tools security testing penetration test cycle security concepts mobile security cybersecurity fundamentals cybersecurity techniques cybersecurity skills cybersecurity industry global cybersecurity trends Kali Linux tools cybersecurity education cybersecurity innovation penetration test tools cybersecurity best practices global cybersecurity companies cybersecurity solutions IBM Google Microsoft AWS Cisco Oracle cybersecurity consulting cybersecurity framework network security cybersecurity courses cybersecurity tutorials Linux security cybersecurity challenges cybersecurity landscape cloud security cybersecurity threats cybersecurity compliance cybersecurity research cybersecurity technology

Author: United States. Office of Highway Planning. Program Management Division
Publisher:
ISBN:
Category : Traffic estimation
Languages : en
Pages : 194

View

Book Description