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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 283 |
Essay's paper body
To establish an effective stock replenishment, the organization relies on historical data. Over the years, numerous analytical studies have shown that past demand is often the best predictor of future demand. Therefore it makes sense to use historical customer demand data when determining the optimal range (what items to stock) and depth (how many items to stock) of stock for items with past customer demand...
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To establish an effective stock replenishment, the organization relies on historical data. Over the years, numerous analytical studies have shown that past demand is often the best predictor of future demand. Therefore it makes sense to use historical customer demand data when determining the optimal range (what items to stock) and depth (how many items to stock) of stock for items with past customer demand...
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General points of the essay
Demand For Oil
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demand
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Demand Management: Integrating Demand and Supply in Real Time
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