Inventory Planning with Forecasting Expenditure

by Sanjay Sharma

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...

• Format: Hardcover
• Language: English
• ISBN: 1032209291
• ISBN13: 9781032209296
• Release Date: March 2022
• Publisher: CRC Press
• Length: 210 Pages
• Weight: 1.08 lbs.
• Dimensions: 0.6" x 6.1" x 9.2"