Demand forecasting by incorporating sales patterns of product groups

Accurate demand forecasting is crucial for industries who have both high lead time in productions and high inventory cost for holding stock. If demand is underestimated or overestimated, it can have negative consequences for the re- tailer’s cost and revenue. For example, stock-outs can disappoin...

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Bibliographic Details
Main Author: Liew, You Sheng
Other Authors: Jagath C Rajapakse
Format: Final Year Project (FYP)
Language:English
Published: Nanyang Technological University 2023
Subjects:
Online Access:https://hdl.handle.net/10356/166041