Demand Forecasting and Inventory Control: A Computer Aided Learning Approach

Demand Forecasting and Inventory Control: A Computer Aided Learning Approach

by Colin D. Lewis

Hardcover

$140.00

Product Details

ISBN-13: 9780471253389
Publisher: Wiley
Publication date: 04/28/1998
Series: Oliver Wight Companies Series , #8
Pages: 176
Product dimensions: 6.28(w) x 9.78(h) x 0.80(d)

About the Author

COLIN D. LEWIS is Professor of Operations Management at Aston Business School in Birmingham, England. He has written extensively on forecasting and inventory control and is an enthusiastic advocate of the use of computers in the learning process.

Table of Contents

FORECASTING.

Demand Forecasting and Inventory Control.

Short-Term Forecasting for Stationary Demand Situations.

Short-Term Forecasting for Growth and Seasonality.

Medium-Term Forecasting for Growth and Seasonality.

The Essential Links between Forecasting and Inventory Control.

INVENTORY CONTROL - THE RE-ORDER LEVEL INVENTORY POLICY.

Establishing the Value of the Re-Order Level.

Establishing the Size of the Replenishment Order.

Examining the Relationship between the Re-Order Level and the Replenishment Quantity.

INVENTORY CONTROL - THE RE-ORDER CYCLE INVENTORY POLICY.

Establishing the Review Period and Maximum Stock Level.

CONCLUSION.

Selecting the Most Appropriate Inventory Control Policy.

Appendices.

References.

Index.

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