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The Concept of Focus Forecasting
The Mechanics of Focus Forecasting
The Finished Goods Inventory Management System
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August average inventory investment buyer buying decision calculate canceled chapter classic economic company's customer orders customer service level data processing distribution requirements plan economic order quantity economic review frequency excess inventory expediting system exponential smoothing finished goods inventory fly swatter focus forecasting inventory focus forecasting system forecast error forecasted sales forecasting inventory management freight restriction future gross profit improve customer service increase inventory carrying costs inventory control inventory excesses inventory goals inventory management system inventory manager measures inventory manager sets inventory manager's inventory plan inventory turnover July lead line managers line-fill rate goals loads of forks material requirements planning months on hand ordering costs percent percentage priority date Proud Mary purchase order recipe approach reorder point quantity requirements planning system retail return on inventory safety stock setting sales at cost sales budget September 15 ship simulation step suggested buy total cost total safety stock units ventory warehouse