Inventory Planning with Forecasting Expenditure is popular PDF and ePub book, written by Sanjay Sharma in 2022-03-06, it is a fantastic choice for those who relish reading online the Technology & Engineering genre. Let's immerse ourselves in this engaging Technology & Engineering book by exploring the summary and details provided below. Remember, Inventory Planning with Forecasting Expenditure can be Read Online from any device for your convenience.
Inventory Planning with Forecasting Expenditure Book PDF Summary
In industrial or business cases, purchasing and procurement are significant functions. Usually, a procurement plan is prepared based on certain predictions of consumption patterns or demand. When this plan is implemented, the benefit is obtained corresponding to forecast accuracy. In the available literature, forecasting accuracy is frequently discussed. A need is established to link forecasting accuracy with forecasting expenditures. After an explicit inclusion of the forecasting expenditure, this book describes inventory planning for procurement and production. FEATURES Discusses forecasting expenditure in detail Provides an analysis of reduction and increase in forecasting expenditures Highlights advanced concepts that include procurement inventory, production planning, and priority planning in detail Examines an approach in relation to the inclusion of an explicit cost of forecasting Covers total cost formulation, modified total cost, relevant index, threshold value, and cost of forecasting in a comprehensive manner with the help of examples Inventory Planning with Forecasting Expenditure is useful for undergraduate and postgraduate students in engineering and management and has potential for elective and supplementary core courses.
Detail Book of Inventory Planning with Forecasting Expenditure PDF
- Author : Sanjay Sharma
- Release : 06 March 2022
- Publisher : CRC Press
- ISBN : 9781000545067
- Genre : Technology & Engineering
- Total Page : 221 pages
- Language : English
- PDF File Size : 21,9 Mb
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