differentiation. As a consequence product lifecycles become shorter and demand patterns become more volatile which especially affects … the retail industry. This new situation imposes stronger requirements on demand forecasting methods. Due to shorter … product lifecycles historical sales information, which is the most important source of information used for demand forecasts …

The demand forecasting is essential for all production and non-production systems. However, nowadays there are only few … researches on this area. Most of researches somehow benefited from simulation in the conditions of demand uncertainty. But this … paper presents an iterative method to find most probable stochastic demand point with normally distributed and independent …