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5: Basic principles and demand forecasting (Company results (Return on…
5:
Basic principles and demand forecasting
Company results
Return on investments (ROI)
DePont analysis
Profit
assits
Market expansion
Cost reduction
Increase in rate of turnover
Outsourcing of certain activities
Turnover and profit contribution
80/20 rule
Elimination decision
Order policy
B-products: replenish twice a week
C-products: replenish once evry two weeks
A-products: order and replenish daily
Warehouse layout
Storage policy
Forecasting methods
Demand forecasting
Aggregation
Forecast horizon
Time series models
Intuition
Causal models
Qualitative models
Time series forecasting
The weighted moving average
Exponential smoothing
The moving average