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, demand forecasting, safety stock, reorder point and economic order quantity were applied. The items in inventory were … analyzed the behavior of the demand and pointed out the demand forecasting method that came closest to reality. Findings: The … methods, demand forecasting, safety stock, re-fulfillment point, and economic purchased lot. It also indicates how the ABC …
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Forecasting demand and determining safety stocks are key aspects of supply chain planning. Demand forecasting involves … predicting future demand for a product or service using historical data and other external and internal drivers. Stockouts and … excess production can be reduced by accurately forecasting demand. This allows companies to plan production, inventory, and …
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