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About CHAPTER 9-Demand Forecast in Supply Chain
This document discusses key aspects of demand forecasting, aggregate planning, and inventory planning in supply chain management. It covers: 1) The role of demand forecasting in supply chain planning and how forecasts are used to plan production, inventory, and transportation levels. Forecasts are always imperfect and include a measure of forecast error. 2) The role of aggregate planning in determining optimal capacity, production, inventory and other levels over a time horizon to satisfy demand and maximize profit. Aggregate planning solves broader problems than individual SKU planning. 3) How inventory planning must account for known and uncertain demand. IT systems are important for demand forecasting, tracking errors, and solving aggregate planning problems.
Detailed Information
| Author: | ['Ronit Tandukar'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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