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2 demand models - PowerPoint PPT Presentation

2 FORECASTING Two main reasons why an inventory control system needs

2 FORECASTING Two main reasons why an inventory control system needs to order items some time before customers demand them. lead-time order in batches instead of unit for unit. This means that we need to look ahead and forecast the future demand. A demand forecast is an estimated

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2 demand models - PowerPoint PPT Presentation

2 FORECASTING Two main reasons why an inventory control system needs