PROGRAM SIXTY ONE. A BASIC TRAINING COURSE IN INVENTORY CONTROL. PART I. STATISTICAL FORECASTING. DECIDING SYSTEM RE-ORDER POINT. DECIDING SYSTEM RE-ORDER QUANTITY.

Abstract

Contents: Demand--Averages, Forecast Errors, Tracking Signal, Demand Validation ('Filter'), Describing Future Demand and Probability Distributions; Deciding 'When to Buy'--Determination of Risk; and Deciding How Much to Buy--The Economic Lot Size.

Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1961
Accession Number
AD0488272

Tags

DTIC Thesaurus Topics

  • Basic Training
  • Delphi Method
  • Education
  • Inventory
  • Inventory Control
  • Mathematics
  • Probability
  • Probability Distributions
  • Training
  • Validation

Readers

  • Logistics and Supply Chain Management.
  • Statistical inference.