REPORT OF SIMULATION OF VARIOUS DEMAND FORECASTING TECHNIQUES.

Abstract

Management of an inventory the magnitude of that of the Defense Supply Agency makes mandatory the forecast of requirements by computer to the maximum extent possible. Computerized calculations are feasible when standard or uniform procedures are used. The Standard Automated Materiel Management System prescribes use of double exponential smoothing as the technique for forecast of future demands. The study compares the prescribed technique with other prevalent methods and presents the results of penetrating tests.

Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1968
Accession Number
AD0698831

Tags

DTIC Thesaurus Topics

  • Collaborative Techniques
  • Computers
  • Control Simulators
  • Delphi Method
  • Inventory
  • Simulations
  • Simulators
  • Standards

Readers

  • Approximation Theory.
  • Logistics and Supply Chain Management.
  • Systems Analysis and Design