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Setting Up Forecasting Process for Stock Control

Setting Up Forecasting Process for Stock Control

Lancaster University
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www.lums.lancs.ac.uk/forecasting Forecasting Centre Success Stories PROJECT SUMMARIES Setting Up Forecasting Process for Stock Control Executive summary In the SMD Home Ltd. the stock control is very important part of their business. The SMD Home purchased commercial forecasting software to improve the accuracy on the demand forecasting for various products. The main aim of the project is to set up new fore

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